Watermark has been acquired by Xenith IP Group Limited
November 2016 — The private shareholders of Watermark have sold the company to Xenith IP Group Limited for US$15.6 million.
Watermark is one of Australia’s longest established intellectual property services, employing more than 90 people nationally, with offices in Melbourne, Perth and Sydney.
Xenith IP Group Limited is the holding company for a group of entities providing a broad range of intellectual property (IP) services and advice along the innovation pipeline, providing clients with a holistic service offering around their IP and the opportunity for a better commercial outcome. The group employs more than 400 staff in Sydney, Melbourne, Brisbane and Perth. Xenith IP provides services across Australia, New Zealand, Asia, the US and Europe to an extensive client base made up of large multinational companies, universities and research groups, start-up firms and solo inventors. The group also works with an extensive network of international associate IP firms. This acquisition is to deliver immediate scale, geographic reach and complementary service lines to the existing Xenith IP portfolio.
Our role in the transaction
Oaklins’ team in Australia advised the seller in this transaction.
Talk to the deal team
Related deals
ENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreWaterland has supported the strategic partnership between GoGift and CQM Rewards
CQM Rewards have entered into a strategic partnership with GoGift through a transaction led by Waterland Private Equity, bringing together two leading European providers of corporate gifting and incentive solutions.
Learn more