Thomson Geer’s Corporate team recently finalised Beat the Q Holdings’ successful takeover of Posse IP Limited and Posse Holdings Limited, worth $17 million in combined value. We acted for both the bidder and the target, and the takeover received 100% acceptance.
Beat the Q and Posse are both online start-up companies. Beat the Q allows customers to pre-order and pre-pay online to avoid the queues at various registered cafes. Posse allows members to create an online pin board style wish list of places they want to eat, shop and drink in their chosen city.