Ropes & Gray Advises Livingbridge on Investment in Remote Access Software Provider RealVNC
Ropes & Gray has advised Livingbridge, one of the UK’s leading mid-market private equity investors, on its investment in RealVNC, a leading vendor of remote access and remote support software.
Founded in Cambridge in 2002, RealVNC is a highly-rated vendor in the large and fast-growing market for remote access and remote support solutions, with customers in 160 countries. Its lead product, VNC Connect, allows users to connect securely to a remote device anywhere in the world, see its screen in real-time, and take control as though sitting in front of it. The product has been deployed across a myriad of use cases, from basic remote access and remote support, through to deploying the software onto connected devices such as medical ventilators, set-top boxes, heavy industrial machinery and more.
Livingbridge’s investment will help support RealVNC through the next phase of its growth, investing in all areas of the business to take full advantage of the significant market opportunities available to it.
The Ropes & Gray team was led by private equity transactions partner Helen Croke, with associate Kunal Shah and trainee William Radcliffe. Other members of the team included finance partner Alex Robb, tax partner Brenda Coleman, data, privacy and cybersecurity partner Rohan Massey and associate Robert Lister and litigation & enforcement counsel Paige Berges.