Reed Smith, a global law firm, advised Vendrix Inc., a construction financial management platform, on its purchase by Foundation Software, LCC, a provider of construction software and services. Foundation Software is a portfolio company of Thoma Bravo.
The addition of Vendrix’s expense management and AP capabilities enables Foundation Software to offer digital tools that cover nearly every stage of a construction project, according to the company.
Reed Smith’s team was led by Global Corporate Group partner Nick Foreste and counsel Jennifer Feld.