Lewis Silkin advises New Bamboo on its sale to thoughtbot

Lewis Silkin has advised New Bamboo Web Development Limited, the web-based software development company on its sale to international software development and design company thoughtbot.

Founded in 2006, New Bamboo is a leading software development firm which lists Which?, Red Bull TV and jellybooks as clients as well as being responsible for the creation of the ‘Pusher’ and ‘PandaStream’ products.

The deal will see New Bamboo found thoughbot’s London office to aid thoughbot’s growth in the UK, Europe and the US.

The Lewis Silkin deal team was led by corporate partner Karish Andrews and supported by corporate associate Sadiq Tajbhai.

Karish said

“We are delighted to have advised the shareholders of New Bamboo on this exciting new chapter for the company. The deal brings together two like-minded and exciting companies, and highlights our team’s expertise in the technology space and our ability to seamlessly manage cross-border transactions”.

Damien Tanner, Co-founder and CEO of New Bamboo said:

“We are delighted to be teaming up with thoughtbot. The transaction went very well, and Karish and the Lewis Silkin team were a real pleasure to work with”.

For further information please contact:

Siobhan Moriarty
Divisional Business Development Manager, Lewis Silkin
Tel: 020 7074 8365
Email: siobhan.moriarty@lewissilkin.com

Scott Addison, Matthew Clarke or Tal Donahue
Infinite Spada
Tel: 020 7269 1430
Email: lewissilkin@infinitespada.com