King & Spalding advised Pamlico Capital and TMW Systems, Inc. on the sale of TMW to Trimble Navigation Limited for $335 million in cash.
More information about the transaction is available here.
Founded in 1984, TMW is a leading provider of enterprise software to transportation and logistics companies in North America. Pamlico acquired TMW in 2005 and grew the company’s revenues to $96 million from $25 million.
The King & Spalding legal team involved in the transaction was led by Charlotte corporate partner Richard M. Bange, III, with the assistance of Charlotte corporate associate Magdeline McAllister Drozd and Atlanta corporate associate Christopher M. Bugay. Other members of the legal team were:
Tax:
L. Wayne Pressgrove (partner, Atlanta)
Matthew R. Servies (associate, Atlanta)
Finance:
Justin Riess (partner, Charlotte)
Mary L. Santanello (associate, Atlanta)
Intellectual Property:
Natasha H. Moffitt (partner, Atlanta)
W. Scott Petty (partner, Atlanta)
James J. Mayberry (counsel, Atlanta)
Jason M. Perilla (associate, Atlanta)
Employee Benefits:
Eleanor Banister (partner, Atlanta)
Emily Meyer (associate, New York)
Labor and Employment:
Samuel M. Matchett (partner, Atlanta)
Scott Mario (counsel, Atlanta)
Environment:
Les A. Oakes (partner, Atlanta)
Antitrust:
Jeffrey S. Spigel (partner, Washington)
Brian R. Meiners (counsel, Washington)
John D. Carroll (senior associate, Washington)
Taylor T. Lankford (associate, Washington)
Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in the U.S. Based in Charlotte, N.C., the firm manages over $2 billion in assets. For additional information, please visitwww.pamlicocapital.com.
