HFW advises founders of Micromine in relation to A$1.3 billion sale to Weir Group

Global, sector-focused law firm HFW has advised the founding shareholders of Mining Software Holdings Pty Ltd (Micromine) in relation to Potentia Capital’s A$1.3 billion sale of the company to Weir Group (Australian Holdings) Pty Limited (Weir Group Australia).

Micromine is a global leader in mining software solutions across the upstream mining value chain to support critical mining operations. It was founded by Perth-based geologist Graeme Tudor in 1986, starting as a three-person operation. In 2018, Potentia Capital acquired a controlling stake in Micromine, with the founding shareholders maintaining partial ownership and board representation.

Potentia Capital’s sale of Micromine will enable the Weir Group, a mining technology company with direct global distribution channels through its parent group, Weir Group PLC, and Micromine to optimise performance across the mining industry and accelerate productivity and sustainability in mining.

The HFW team was led by Corporate and Commercial partner Bryn Davis, assisted by senior associate Kayla Giudicatti and graduate Shiya

Bryn Davis: “Having advised the founding shareholders in relation to Micromine’s acquisition by Potentia Capital in 2018 and provided ongoing counsel over the past seven years, we were pleased to advise them in relation to the sale of Micromine. We congratulate the founders and Potentia on their successful exit.”