2024 M&A Annual Review

Morrison Foerster advised Bow River’s Software Growth Equity Fund, a Denver-based growth equity fund, on several recent transactions. Our work has included advising Bow River’s Software Growth Equity Fund team in connection with its majority recapitalization of RippleWorx, a hyper-growth company developing human capital management software aimed at global workforce performance acceleration. The firm also advised Bow River’s Software Growth Equity Fund in its majority recapitalization of Accelo, a cloudbased, service operations platform that enables users to manage and automate business tasks such as sales, project management, client billing, and time tracking services. We’re elated to have completed our third and fourth platform investments in SGE Fund II this year and to partner with the global SaaS leaders at Accelo and RippleWorx in rapidly implementing our value creation playbook and utilizing all our resources for transformative change. John Raeder Vice Chairman and Head of Software Investments Bow River Capital 26 Morrison Foerster

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