DLA Piper advised Argentum, a New York-based growth equity firm that partners with founder-led B2B software, technology-enabled, and business services companies, on its strategic growth investment in CloudCover, a leading provider of third-party maintenance and IT lifecycle management solutions for the global IT channel.
CloudCover’s platform and services are used by major IT channel partners to provide flexible, cost-effective infrastructure support, and field services worldwide. The investment will support CloudCover’s continued global expansion and accelerate the development of its CoverIT™ platform, a purpose-built service operations solution that enables scalable TPM delivery across the IT ecosystem.
The DLA Piper team included Partner Adam Ghander and Associates Michael Jamieson, Molly McBride, and Eran Hingaly (all Boston).
With more than 225 global lawyers who provide strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience and relationships to help drive value across the investment life cycle by delivering responsive, efficient and integrated solutions around the world. The Private Equity practice is also the #2 most active law firm globally by PitchBook.