Bates Wells’ M&A team acted for CentralNic Group PLC (“CentralNic”), the global internet platform that derives revenue from the subscription sales of internet domain names, on the acquisition of the entire Hexonet Group. The Hexonet Group, with operations in Canada and Germany, sells domain name subscriptions directly and via more than a thousand resellers in over 110 countries, managing over 3.8 million domains on its proprietary software platforms. CentralNic has paid an initial €7 million, with up to a further €3 million as deferred consideration.
How we help
Data privacy. Intellectual property licensing. Employment status. These are just a few of the legal issues you need to grapple with when you buy or sell new technology – and we’ve been involved in some of the most high-profile cases in all of them.
We’ve helped tech companies merge and advised on crowd-funding and other investment deals. And we’ve turned tech-world jargon into practical advice for clients looking to invest in different technology.
Many of our clients are technology suppliers in systems development and integration, software licensing and SAAS, web-based services and platforms, managed services, outsourcing, hardware supply and data licensing.
The rest want to use this technology in their own organisations. We help them understand the possible risks with contracts, licences, IP and so on, and how to minimise them.
Our reputation
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Very responsive and knowledgeable team
Case Studies
Bates Wells’ cross departmental teams acted for the shareholders of a Fin-Tech start up (which Bates Wells has advised since its incorporation) and worked intensely to reach completion of the deal within 7 days of receipt of the share purchase agreement.
