Weil advised PSG, a leading growth equity firm that partners with software and technology-enabled services companies to capitalize on transformational expansion, in its growth investment in XBE, the system of action and superworkforce for heavy materials, logistics and construction.

XBE founder and CEO Sean Devine and Banneker Partners will each retain significant ownership positions and Devine will continue to lead the company. The partnership adds resources and PSG’s software growth experience to XBE’s founder-led organization.

The Weil team was led by Private Equity partner Richard Frye and included Private Equity associates Patrick Hosch, Emma Conde, Parker Lawter, Jack Grant and Hoku Eggertsen; Tax partner Chayim Neubort and associates Josh Schonfeld and Sean Kiley (Not Yet Admitted in New York); Executive Compensation & Benefits partner Jennifer Britz and associate Rebekah French; Employment partner Peter Mee and associates Heylee Bernstein and Katherine Strollo; Technology & IP Transactions partner Max Scott and associates Ashley Tanaka and Trina Sultan; U.S. Privacy & Cybersecurity Head Olivia Greer; Banking & Finance partner Benton Lewis, counsel Libby Vinson and associate Nicole Reynolds; and Antitrust counsel Dan Nobil and associate Naz Akyol.