Foley & Lardner LLP represented Potomac Equity Partners, LLC (Potomac), a Washington, D.C.-based investment firm whose principals have extensive experience investing in the software and technology sectors, in its investment in and partnership with Watermark Solutions, LLC (Watermark), a leading and rapidly growing provider of enterprise resource planning (ERP) business solutions, technology, and hosting services.
Headquartered in Houston, TX, Watermark provides technical evaluations and IT consulting services to enable clients in various industries to address their unique needs, and the professional services to implement ERP solutions in a variety of configurations based on clients’ business challenges and processes.
Potomac Equity Partners’ investment in Watermark will further accelerate Watermark’s realization of its numerous growth opportunities, including an expansion of the company’s sales and customer service organization, technology capabilities, and its solutions portfolio and capabilities.
The Foley deal team was led by Partner John Klusaritz and included Partners Ed Hammond and James Howard, Senior Counsel Erin Hoffert, Special Counsel Jared Cook, and Associate Blaine Fix.
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