Deal profile | Gadens advises Tally Group on merger with Agility CIS

Gadens has advised Tally Group on its merger with Agility CIS, a leading retail energy solutions provider. The merger will see the Agility CIS business rebranded in Australia and New Zealand as Tally Group.

Victorian based Tally Group provides its retail energy clients across Australia with next generation SaaS software solutions. Tally Group’s SaaS software solutions help clients reduce cost to serve, whilst enabling energy providers to innovate and sell a range of products and services relevant to Australia’s energy future.

Agility CIS is backed by Pioneer Capital and SilverTree Equity. The merger will enable the two businesses to combine their strengths to further support customers with industry expertise and the latest technology platform in the industry.

Gadens has advised Tally Group and its subsidiaries for more than five years.

“The merger with Agility CIS is an exciting milestone for the Tally Group business. It was great to play a part in this transaction and I look forward to seeing the business go from strength to strength”, commented Michael Kenny, Gadens’ partner who led the team.

Practice groups: Corporate, who were assisted by Intellectual Property and Technology.

Deal significance: The merger of Tally Group and Agility CIS will bring together market expertise and the latest technology solutions to serve clients in both the domestic and global markets.

Key team members: Gadens partner Michael Kenny led the transaction with support from Winnie Sinn (Special Counsel) and Brittany Kluske (Associate). Antoine Pace (Partner) from the Intellectual Property and Technology Group also advised on the transaction.