Sydney, 31 October 2019: Clayton Utz has advised US-based sports technology and investment company, Zone 5 Ventures, Inc. (Zone 5), on its acquisition of Today's Plan Pty Ltd (Today's Plan), which operates the world's leading multi-sport training platform.
Corporate partner Samy Mansour led the Clayton Utz team, with key support from lawyer Anthony Cavallaro (Corporate), partner Abraham Ash and senior associate Liam Meagher (Workplace Relations) and special counsel Crystal Eggleton (Real Estate).
Zone 5 delivers a platform for sports technology entrepreneurs and researchers to bring their vision to market, and will make select investments in companies that align with their mission. The company has a number of partnerships with industry-leading participants, including another Clayton Utz client that is a leading designer and manufacturer of bicycles, bicycle components and related products. Post acquisition, Today's Plan will continue to operate as a Zone 5 portfolio company.
Samy said the team enjoyed the opportunity to work with Zone 5 on the transaction. "We are delighted for Zone 5, Today's Plan and the sellers, in what is an exciting space."
King & Wood Mallesons acted for the sellers.