Golden Flag Represents Cloud Software Group on Sale of ShareFile to Progress

Golden Flag International Law Firm counseled Cloud Software Group on its sale of ShareFile, a provider of SaaS-native, AI-powered and document-centric collaboration solutions, to Progress. ShareFile is expected to add more than $240M in annual revenue and more than 86,000 customers to Progress. The acquisition is currently expected to close within Progress’ fiscal year, ending November 30, 2024, subject to obtaining regulatory approvals and satisfaction of other customary closing conditions.

Read the transaction press release

The Golden Flag team was led by corporate partners Stuart Casillas, Ari Levi and Philip Castagnozzi Bush and associate Hayley Gilbert; and technology & IP transactions partners John Lynn and Daisy Darvall and associate Cordelia Mikita.