diff --git a/webapp/scripts/update-versions.mjs b/webapp/scripts/update-versions.mjs
new file mode 100644
index 0000000000..b7da898e90
--- /dev/null
+++ b/webapp/scripts/update-versions.mjs
@@ -0,0 +1,45 @@
+// Copyright (c) 2015-present Mattermost, Inc. All Rights Reserved.
+// See LICENSE.txt for license information.
+
+import {execSync} from 'node:child_process';
+
+function exitWithUsageMessage() {
+    console.log('Usage: node scripts/update-versions.mjs monorepo_version');
+    process.exit(1);
+}
+
+if (process.argv.length !== 3) {
+    exitWithUsageMessage();
+}
+
+const version = process.argv[2];
+if (!(/^\d+\.\d+\.\d+(\-\d+)?$/).test(version)) {
+    // The version provided appears to be invalid
+    exitWithUsageMessage();
+}
+
+// These workspaces and packages within the monorepo all synchronize their versions with the web app and server
+const workspaces = [
+    'channels',
+    'platform/client',
+    'platform/mattermost-redux',
+    'platform/types',
+];
+const packages = [
+    '@mattermost/client',
+    '@mattermost/types',
+];
+
+// Update any explicit dependencies between packages so that, for example, mattermost-redux@12.13.14 will depend on
+// @mattermost/client@12.13.14
+for (const workspace of workspaces) {
+    for (const packageName of packages) {
+        const escapedName = packageName.replace('/', '\\/');
+        execSync(`sed -i "" "s/\\"${escapedName}\\": \\"[0-9]*\\.[0-9]*\\.[0-9]*\\",/\\"${escapedName}\\": \\"${version}\\",/g" ${workspace}/package.json`);
+    }
+}
+
+// Update the versions of the packages in their package.jsons and apply the dependency updates made above to the
+// package-lock.json
+const workspacesArguments = workspaces.map((workspace) => `-w ${workspace}`).join(' ');
+execSync(`npm version ${version} --no-git-tag-version ${workspacesArguments}`);