Browne Jacobson advise on global tech sale of Nottingham based Centiq
Browne Jacobson’s corporate finance team have advised on the sale of tech services provider, Centiq to international based SoftwareONE group
Browne Jacobson’s corporate finance team have advised on the sale of tech services provider, Centiq to international based SoftwareONE group.
Centiq Limited, which was founded in 1998 in Nottingham provides pioneering Systems, Applications and Products (SAP) in data processing to a broad UK client base.
SoftwareONE group which is headquartered in Switzerland, is a leading global provider of software and cloud technology solutions to over 65,000 clients in 90 countries.
The cross-border transaction is part of SoftwareONE’s main business strategy to create a leading end to end SAP services provider on a global scale. The acquisition will also give Centiq the opportunity to broaden out its service offering of end to end cloud modernisation, automation and innovation and support the further development of its SAP transformation services portfolio.
The core Browne Jacobson was led by private equity partners Mark Hughes and Gavin Cummings, together with assistance from senior associate Rachael McDonald, associate Matt Bolton, senior associate, Rebecca Burge and trainee solicitor, David Burdon.
Mark Hughes said: “We are delighted to have supported this exciting cross-border transaction for a local business. This transaction will help both Centiq and SoftwareONE achieve their core ambition of being a key global player in the SAP software sector and presents opportunities for further growth and enhancement of its innovative software and cloud tech solutions services.
Matt Lovell, CEO at Centiq Limited commented: “This is a fantastic opportunity for Centiq and SoftwareONE, two market leaders in their respective fields that have a fresh and innovative approach to digital transformation to unite and build an even stronger global presence in the SAP software space.”
Browne Jacobson’s corporate finance practice is ranked by Experian as one of the country’s leading corporate finance teams with over 30 corporate and banking & finance expert lawyers delivering complex layered corporate and banking transactions.
Related expertise
You may be interested in...
In Person Event
In-house lawyer's launch event
On-Demand
NSIA: the thorn in the side of M&A?
Press Release
Browne Jacobson’s Manchester dealmakers advise Spatial Global on its acquisition of Heathrow based freight specialist Hollyport Logistics
Press Release
Browne Jacobson dealmakers advise B Corp certified Edit Agency on its investment into data insight agency Wood for Trees
Opinion
Can toilet facilities amount to sex discrimination?
Published Article
Digital Twin Technologies: key legal contractual considerations
Press Release
Browne Jacobson advise on disposal of Sella Controls to HIMA Group
Legal Update
Update on the Digital Services Act (“DSA”) – Important Dates and Deadlines Looming
Press Release
Browne Jacobson’s dealmakers advise leading door hardware supplier and manufacturer UAP on its acquisition of Maher London
Legal Update
Government publishes its proposals for expanding the Scope of the Network and Information Systems Regulations 2018
Press Release
Browne Jacobson dealmakers announce completion of over 130 deals worth billions in value in 2022 and eye up healthy pipeline for 2023
Legal Update
Banking Transaction Updates - January 2023
Press Release
Browne Jacobson advises Superscript on £45m Series B funding round to transform its SME insurtech offering
Legal Update
MEES: Are you ready for April 2023?
With only a few months left until the next phase of changes in the application of the Minimum Energy Efficiency Standards (MEES), it is important for both landlords and tenants of commercial property in England and Wales to review their property portfolios.
Press Release
Manchester dealmakers advise Maven Capital Partners on £1m investment in fintech disruptor Nivo Solutions
On-Demand
Automotive webinar - Grant Funding and Collaboration Agreements
In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
Press Release
Browne Jacobson advises LDC on investment in water and environmental sustainability specialist Stonbury
Guide
FAQs for startups
Below are some of the questions we are regularly asked by startups, covering a range of topic areas.
Press Release - #BeingBrowneJacobson
From associate to partner in an investment lifecycle - Ryan's story
Press Release
International leading digital disruption expert joins Browne Jacobson
Published Article
How AI and technology can transform the healthcare sector
On-Demand
The UK's green agenda - the outcomes of COP27 and actions since COP26
Press Release - #BeingBrowneJacobson
Browne Jacobson helps the Civil Aviation Authority take off with its modernisation masterplan
Press Release
Law firm Browne Jacobson reveals strategic growth plan for new Dublin office
UK law firm Browne Jacobson, which opened its first overseas office in Dublin in September, has outlined its strategic plans to grow its legal team over the next four years.
Press Release
Bishopsgate and Browne Jacobson advise on US firm’s acquisition of Notts based tech services business Custard
Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.
Press Release
Court of Appeal makes plea for legally enforceable arbitration for FRAND disputes
In the ongoing complex litigation between Optis Cellular Technology LLC and Apple Inc., the Court of Appeal ([2022] EWCA Civ 1411) has upheld the High Court’s findings that implementers of standard-essential patents (SEPs) cannot refuse to accept a FRAND license and continue activities in the meantime which constitute infringement: that party must commit to accept a court-determined license if it wishes to avoid an injunction.
Published Article
Bruce Willis AI and the problem with deepfakes
A deepfake of Bruce Willis is advertising Russian mobile phones. Many great artistic and metaphysical questions are raised by this performance. However, this article is going to look at the intellectual property law implications, from a UK perspective.
Press Release
Browne Jacobson announces former Aston Martin Vice President as Non-Executive Director of its Manufacturing & Industrials sector
Law firm Browne Jacobson has appointed former Vice President and Chief Planning Officer (CPO) of Aston Martin Lagonda, Nikki Rimmington as its first Non-Executive Director (NED) of its Manufacturing & Industrials sector strategy board.
Legal Update
DSA approved: Targeted Advertising Rules explained
The Digital Services Act (the “DSA”) has today (27 October) been given the go-ahead by the EU Council and will enter into force by early 2024.
Press Release
Browne Jacobson corporate tech lawyers advise Agilico on significant acquisition of managed print services specialist
Browne Jacobson’s corporate technology dealmakers have advised Agilico, a workplace technology business, on its acquisition of Capital Document Solutions Limited for an undisclosed amount.
Press Release
Browne Jacobson advise environmental giant Suez on its £2bn international acquisition of former waste management business
Browne Jacobson’s lawyers have advised Suez SA and its shareholders on its acquisition of its former UK waste management business – Suez R&R UK - from French headquartered business Veolia for an enterprise value of £2 billion.
Legal Update
Common AI related technology project disputes and how to prevent them
The increased use of artificial intelligence (AI) is revolutionising the way businesses operate and is having a disruptive impact in sectors that have traditionally been slow to modernise.
Press Release - #BeingBrowneJacobson
Browne Jacobson helps Clean Power Hydrogen plc
Press Release
Browne Jacobson appoints its first Non-Executive to Chair to support its corporate sector strategy board
Opinion
IR35 rules to be scrapped from April 2023
The Chancellor’s recent mini-budget provided a significant announcement for business as it was confirmed that the off-payroll working rules (known as “IR35”) put in place for public and private sector businesses from 2017 and 2021 will be scrapped from April 2023.
Press Release
Browne Jacobson advises Clean Power Hydrogen on latest international licensing deal with Kenera
Browne Jacobson’s specialist cleantech lawyers have advised AIM listed Clean Power Hydrogen Group Limited (CPH2) on its licence agreement with Bentec GmbH, a member of the Kenera business of the KCA Deutag Group. Kenera will manufacture CPH2’s unique membrane-free electrolysers from its facility in Bad Bentheim, Germany.
Press Release
Browne Jacobson’s Private Equity specialists advise Palatine on key CTS exit
Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.
Press Release
Browne Jacobson’s specialist corporate finance lawyers advise LDC on sale of global IT services provider
Browne Jacobson’s corporate finance lawyers have advised leading mid-market private equity firm, LDC and management on the sale of specialist managed IT services provider, Littlefish to Bowmark Capital.
Legal Update
Digital Markets Act and Data Platforms - FRANDs for life?
The Digital Markets Act (the “DMA”) joins the dots between competition law and data protection law and actively targets data-driven platforms. It is also a comprehensive regulation to take note of, with familiar GDPR-style fines tied to turnover.
