Ropes & Gray Represents Gauge Capital and Circa in its Sale to Mitratech
Ropes & Gray advised Gauge Capital and its portfolio company Circa in the sale of Circa to Mitratech, a global provider of legal, compliance, and HR software. Financial terms were not disclosed. The transaction was announced on April 11 in a press release.
Milwaukee-based Circa provides a portfolio of software solutions and industry expertise that allows customers to build high-performing, diverse teams. Circa has over 5,000 customers, 15,500 community partner relationships, and posted more than 8 million jobs in 2022. Gauge Capital is a middle-market private equity firm based in Southlake, Texas that manages more than $2 billion in capital. Gauge invests in five key sectors: business services, food & consumer, government & industrial services, healthcare, and technology.
The Ropes & Gray team included private equity partner Matt Richards, tax partner Aaron Harsh, employment & benefits partners Stephanie Bruce and Matthew Jones, and litigation & enforcement partner Samer Musallam.