Weil advised tech and consumer-focused private equity sponsor Cove Hill Partners in its strategic investment in workflow management platform Incident IQ. The transaction closed on February 23, 2024.

Cove Hill Partners is a long-term oriented investment firm focused on partnering with outstanding management teams to build market-leading technology and consumer companies. The firm manages long-duration funds with over $2.5 billion of commitments from its investors and founders. The firm was founded in 2017 by seasoned private equity investors to invest their personal capital alongside a small group of like-minded investors.  Based in Boston, Cove Hill has an innovative structure that provides the flexibility to enable a patient, concentrated, and value-add approach in a small portfolio of long-term investments.

Incident IQ’s cloud-native platform is presently used by over 1,500 school districts across the United States to manage critical workflows across IT, facilities, HR and other operations. The iiQ Platform drives efficiencies that allow school systems to devote more time and resources to teaching and learning. Cove Hill’s involvement will allow iiQ to accelerate its ambitious product roadmap and strengthen its market-leading position for K-12 schools.

The Weil team was led by Private Equity partner Robert Rizzo and included Private Equity partner Emily Willey and associates Jason Ottomano, Alesha Ignatius Brereton, Ben Weinstein and Julie Huber; Banking & Finance partner Vynessa Nemunaitis and associate Keiko Quiñones-Osumi; Technology & IP Transactions partners Dennis Adams and Olivia Greer and associates Jeeyoon Chung and Alexis Bello; Tax partner Hillel Jacobson and associate Kyle Jackson; Executive Compensation & Benefits partner Amanda Rotkel and associate Sanjana Rao; Antitrust Co-Head Jeffrey Perry and counsel Carla Hine; Regulatory Transactions partner John O’Loughlin and associate Christina Carone; and Employment partner Peter Mee and associates Alexandra Cline and Kate Belsito.