22 May 2019
On 22 May 2019, Seequent and Murray & Co were named winners of the 2019 M&A Transaction of the Year award at the annual INFINZ Awards. Seequent is a world leader in the development of 3D geological modelling and visual data science software. INFINZ is the Institute of Finance Professionals New Zealand.
The award was given for both the sale of Seequent to leading Silicon Valley technology-focused private equity firm Accel-KKR and the subsequent Seequent acquisition of Canadian geoscience software company Geosoft, both of which were completed within a twelve month period.
Murray & Co advised Seequent on both transactions.
The sale of Seequent to Accel-KKR also represented a partial exit transaction for leading NZ private equity fund Pencarrow Private Equity, which had been an investor in Seequent since 2014.