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Corporate and M&AJanuary 13, 2021

Dillon Eustace advises Principal Logistics on Dublin-based Brentech Data Systems acquisition

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Dillon Eustace, recently advised warehouse and supply chain management software expert Principal Logistics Technologies on its acquisition of Dublin-based Brentech Data Systems, an ERP and WMS solutions specialist.

Under the deal, Principal Logistics Technologies purchased the entire share capital of Brentech Data Systems which includes its intellectual property rights.

The strategic acquisition will underpin Principal’s further expansion in the healthcare supply chain sector and adds sales and purchase order processing functionality to its product suite.

The Dillon Eustace multi-disciplinary legal team was led by Lorcan Tiernan head of Corporate M&A, supported by M&A Associate Owen Brayden, David Lawless Head of Tax, Conor Keaveny, partner Banking and Capital Markets and Banking Associate, Shona Hughes. Luke Mooney of Duff & Phelps acted as financial advisor to Principal Logistics.

Commenting on the deal, Lorcan Tiernan, head of Corporate M&A said: “We are delighted to have supported Principal Logistics on this strategic acquisition. The deal finished off what turned out to be a very productive and busy year for our M&A team, notwithstanding the pandemic. We wish Principal every success in its continued expansion.”