Harmos Horton Lusk advised NZX/ASX listed Pushpay Holdings Limited on the New Zealand aspects of Pushpay’s acquisition of all of the interests in Resi Medi, LLC for US$150 million in cash and Pushpay shares. The transaction is due to complete by the end of August 2021.
Resi is a US based, market-leading provider of streaming services. The acquisition of Resi expands Pushpay’s product suite and will assist Pushpay to better support its customer’s digital engagement with their communities.
We advised Pushpay on all New Zealand law aspects of the transaction, including the issue of shares as acquisition consideration and new debt facilities to assist to fund the cash consideration.
The Harmos Horton Lusk team that advised on the transaction was led by director Nathanael Starrenburg and included director Annie Steel and associates Aditya Basrur and Bailey Atkinson.