Queen Saenz + Schutz PLLC represented NetVendor, LLC (“NetVendor”), a portfolio company of Greenridge Investment Partners (“Greenridge”), and its affiliates in the sale of NetVendor to Five Arrows. Greenridge retained a minority stake in NetVendor following the transaction.

NetVendor is a leading provider of vendor compliance management software for property management companies across the multi-family and commercial real estate industries. Five Arrows is the alternative assets arm of Rothschild & Co. With over €11 billion of assets under management, the corporate private equity business of Five Arrows is focused on investing in companies with strong management teams, business models with high visibility of organic unit volume growth and strong unit economics, and multiple operational levers that can be used to unlock latent value in the data and software, technology-enabled business services and healthcare sectors. Five Arrows, through its lower middle-market growth strategy, aims to support NetVendor with its continued product innovation, including integrating artificial intelligence to deliver greater value to property managers and their vendor networks, as well as expansion into new markets and geographies.

More information on the transaction can be found here.