Gadens is pleased to support the founders of vintrace, one of the world’s most trusted winery production software companies, on its sale to Encompass Technologies, a comprehensive cloud-based ERP, CRM, eCommerce, and data solutions provider for the food and beverage industry.
Founded in 2007, vintrace has remained at the forefront of innovative technology to help global wine makers crush, track and process over 6 million tons of fruit, in order to assist them in navigating the challenges and complexities associated with the wine-making supply chain.
The transaction allows vintrace to achieve its vision of delivering the best production solution for wineries. With Encompass Technologies’ network of over 1,100 manufacturers in 25 countries, more than 650 distributors, over 1,140,000 retailers, and more than 200,000 active users worldwide, customers gain efficiencies and end-to-end supply chain insights from an expanded and digitally connected supply chain that promotes data sharing for more streamlined operations.
Gadens was engaged to advise on all aspects of the transaction, after having worked with vintrace and its founders for a number of years.
Joshua Abra, CEO and co-founder of vintrace said,
“This acquisition is the next milestone in the vintrace global growth story to realise our vision of better quality, more sustainable and efficient wine production. As a SaaS founder going through a first time M&A process it was critical for me to have a trusted team of experienced legal, tax & employment professionals. James Beckley and his entire team at Gadens, supported by Brett Livingston, went above and beyond to ensure the whole process ran efficiently. This allowed me and my team to keep our focus on the business while going on this exciting journey with Encompass Technologies to add even more value to our customers.”
James Beckley, Partner commented,
“There’s little that’s more gratifying in this profession than having the privilege of (working alongside Brett Livingston) chaperoning three brilliant and hard-working founders through a transaction like this. Gadens congratulates all stakeholders and it’s exciting to see what’s next for vintrace with the power of the Encompass group behind them.”
Practice groups: Corporate Advisory
Key team members: The team was led by corporate partner, James Beckley who was supported by Matt Watt (Senior Associate) and Alistair Moore (Lawyer). Peter Poulos (Partner) led the tax team with support from Isabelle Smith (Associate). Louise Rumble (Partner) and Sarah Saliba (Associate) advised on employment aspects.
About Encompass Technologies
Encompass Technologies provides a comprehensive cloud-based platform connecting manufacturers, distributors, and retailers in the beverage and food industry. Encompass solutions span full ERP, CRM, eCommerce, data and insights, route accounting, warehouse management, logistics, data warehousing, financials, sales execution, and more. With more than 20 years of industry experience in distribution software, expertise in beverage manufacturing technology solutions through the merger with Orchestra Software and acquisition of vintrace, and experience in offering retail insights and solutions through the acquisition of Handoff Technologies, Encompass has a reputation for innovation and collaboration, and for focusing on moving the industry forward. Visit https://encompasstech.com for more information.
About vintrace
Since 2007, vintrace has constantly evolved, using innovative technology to help global winemakers meet the challenges and complexities of running their businesses. With a presence in Australia, the USA, Europe, and South America, vintrace has helped global winemakers crush, track, and process over 6 million tons of fruit, making it one of the most trusted solutions for winemakers worldwide.