everstead law has advised as Singapore counsel on Strattam Capital’s majority investment in PurchasePlus, a leading hospitality procurement and procure-to-pay platform headquartered in Australia. PurchasePlus’ procurement software is used by global hotel and hospitality brands, including Accor, Marriott, IHG Hotels & Resorts and Capella Hotels.

The transaction supports PurchasePlus’ continued international expansion, including its planned entry into the United States market and further development of its AI-driven procurement and invoice automation capabilities.

everstead law acted as Singapore counsel alongside lead Australian counsel and transactions-focused firm, Kain Lawyers, on the cross-border transaction, advising Strattam Capital, a US-based private equity firm with more than US$1 billion in assets under management which focuses on founder-led B2B software and technology businesses. The Kain Lawyers team was led by Director Catherine Debreceny, with support from Jack Gulliver, Laura Murphy and Sam May.

For further information on this matter, please contact Jeremiah Huang or refer to the media’s widespread coverage of this transaction.