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April 24, 2023

Willkie represented Insight Partners in connection with its recommended public cash offer of SEK 104 per share to the shareholders of SignUp Software AB.

Announced on April 17, the offer carries a total value of approximately SEK 2,362 million ($229 million at the time of announcement). The independent bid committee of SignUp has unanimously recommended that the shareholders of SignUp accept the offer. The acceptance period for the offer is expected to run until May 10, 2023.

SignUp is a software company offering an end-to-end solution, ExFlow, for electronic accounts payable and invoice process automation built into Microsoft Dynamics 365. Signup is headquartered in Stockholm with offices in Denmark, Australia, the Netherlands, the U.S., Singapore and the UK.

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies. It has invested in more than 700 companies worldwide and has over $80 billion in regulatory assets under management, as of June 30, 2022.

The Willkie team was led by partners Matthew Guercio and Erin Kinney and included associates David Avraham and Nkem Anene.