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Pinsent Masons advises on sale of Skillco to PE firm

Pinsent Masons Ireland LLP has advised the founders of Skillko, Dermot O’Connor and Brendan Moloney, on its sale to US buyer HSI.

Skillko was founded in 2017 and is a technology company that specialises in competency management, induction processes and supplier onboarding for organisations across the EU and Britain.

HSI is headquartered in Los Angeles, California and is majority owned by private equity firm Waud Capital Partners.

The Pinsent Masons team advising on the deal was led by Dublin-based corporate partner Neil Keenan and included corporate associate Joseph de Paor, tax partner Robert Dever, employment law partner Deirdre Lynch and intellectual property partner Maureen Daly.

Neil Keenan said: “It is great to see a further investment in a successful Irish company by a US based private-equity backed buyer which is a trend we are seeing increasingly in our Irish practice.”