Swaab has advised UXC Lim­it­ed [UXC] on the acqui­si­tion of Key­stone Man­age­ment Solu­tions, Aus­trali­a’s largest reseller and ser­vices provider for Ser­vi­ceNow. Ser­vi­ceNow is the lead­ing glob­al provider of cloud-based solutions.

Swaab has advised UXC Lim­it­ed [UXC] on the acqui­si­tion of Key­stone Man­age­ment Solu­tions, Aus­trali­a’s largest reseller and ser­vices provider for Ser­vi­ceNow. Ser­vi­ceNow is the lead­ing glob­al provider of cloud-based solutions. 

The Wall Street Jour­nal has named Ser­vi­ceNow on its Next Big Thing” list for two con­sec­u­tive years. They have had growth rates of 70% per annum and have a mar­ket cap­i­tal­i­sa­tion of $7.6 bil­lion. UXC announced the part­ner­ship in August this year, mak­ing it one of their key dri­vers in achiev­ing mar­ket lead­ing posi­tions in new growth ini­tia­tives. The Key­stone busi­ness mod­el com­ple­ments the UXC strat­e­gy of increas­ing rev­enue over the next three years to over 30% of revenue.

In addi­tion, Swaab have also recent­ly assist­ed UXC on its agree­ment to acquire lead­ing dig­i­tal and com­merce spe­cial­ist, White Labelled. The acqui­si­tion will become part of whol­ly owned sub­sidiary UXC Oxy­gen and will pro­vide them with the solu­tions and ser­vices nec­es­sary to estab­lish a mul­ti­chan­nel cus­tomer expe­ri­ence plat­form for organ­i­sa­tions across all industries.

The Swaab team on both acqui­si­tions was led by part­ner Alis­tair Jaque and con­sist­ed of senior asso­ciate Andrew Drap­er and solic­i­tor Euge Power.

If you would like to repub­lish this arti­cle, it is gen­er­al­ly approved, but pri­or to doing so please con­tact the Mar­ket­ing team at marketing@​swaab.​com.​au. This arti­cle is not legal advice and the views and com­ments are of a gen­er­al nature only. This arti­cle is not to be relied upon in sub­sti­tu­tion for detailed legal advice.

Publications

When is a loan real­ly an Option Fee? And when is an Option a Contract?

It cer­tain­ly is not news to those of us who deal in the prop­er­ty devel­op­ment space that Rev­enue NSW now…

Dis­missal and Dam­ages for Psy­chi­atric Injury: A Con­trac­tu­al Trap

In the recent deci­sion of Elisha v Vision Aus­tralia Ltd [2024] HCA 50 the High Court of Aus­tralia held that dam­ages for…

Valen­tine’s Day in the Work­place (2025 Edition)

Valen­tine’s Day, the cel­e­bra­tion of romance and roman­tic love, takes place annu­al­ly on Feb­ru­ary 14.While many assid­u­ous­ly avoid what they con­sid­er…

In the News

Michael Byrnes appeared on Break­fast with Ron Wil­son on 2SM on 19 Feb­ru­ary 2025 to dis­cuss the NSW rail dis­pute and the cur­rent appli­ca­tion before the FWC

Michael Byrnes appeared on Break­fast with Ron Wil­son on 2SM on 19 Feb­ru­ary 2025 to dis­cuss the NSW rail dis­pute and…

Michael Byrnes appeared on Break­fast with Ron Wil­son on 2SM on 13 Feb­ru­ary 2025 to dis­cuss legal issues relat­ed to Valen­tine’s Day in the workplace

Michael Byrnes appeared on Break­fast with Ron Wil­son on 2SM on 13 Feb­ru­ary 2025 to dis­cuss legal issues relat­ed to…

Michael Byrnes appeared on Nights with John Stan­ley on 2GB and 4BC on 11 Feb­ru­ary 2025 to dis­cuss legal issues relat­ed to Valen­tine’s Day in the workplace

Michael Byrnes appeared on Nights with John Stan­ley on 2GB and 4BC on 11 Feb­ru­ary 2025 to dis­cuss legal issues…

Sign up for our Newsletter

*Mandatory information