Travers Smith LLP has provided legal counsel to August Equity Partners VI regarding its investment in Fargo Systems, a prominent Transport Management System (TMS) software company focused on containerized cargo. This marks the second investment made by August Equity Partners VI.

David Lonsdale, Managing Partner at August Equity, expressed enthusiasm about the acquisition, stating that Fargo Systems is a strategic addition to their portfolio. He noted that it aligns well with their previous investments in compliance-driven software businesses. Lonsdale looks forward to collaborating with Fargo's management team to implement various growth strategies, both organic and inorganic, utilizing the firm's established approach.

The legal team from Travers Smith was led by Emma Havas, a Partner in Private Equity & Financial Sponsors. She was supported by Senior Associates Rachel MacArthur and Vanessa Kitching, along with Associates Jessica Wetherop and James Jankowski, and Trainee Solicitor Liam Carrington. Tax advice for the transaction was provided by Tax Partner Russell Warren.

This investment underscores August Equity's commitment to expanding its portfolio in the technology sector, particularly in software solutions that enhance operational efficiencies in transportation management.