Milbank LLP advised global growth investor Summit Partners in connection with its minority investment in Revizto, a leading cloud-based collaboration software platform for the architecture, construction and engineering sectors.
Revizto’s platform provides a central hub for real-time, immersive collaboration, supporting 2D and 3D workflows and connecting architecture, engineering, and construction throughout the entire lifecycle of a project. Revizto’s platform is used across various industries, including infrastructure, commercial buildings, residential developments, healthcare, sports and entertainment, and transportation. The investment is expected to support Revizto in becoming the category defining integrated collaboration platform for construction globally.
Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities. Founded in 1984, Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries.
The Milbank deal team was led by London Corporate partner Andrej Wolf with support from associates Mounir Haddad and Adam Chang.
The team also included London Antitrust partner Andrea Hamilton and Munich Antitrust special counsel Nils Bremer, London Tax special counsel Andrew Callaghan, Munich Corporate partner Sebastian Heim and associate Linus Knappe, New York Corporate partner Lowell Dyer and associate Sara El Souki, and New York Transportation and Space partner Bijan Ganji and associate Bridget Golob.
