Technology continues to transform industries and the acquisition of and investment into new innovative businesses remains a key growth strategy for many clients. It can provide companies with the opportunity to stay competitive (or even get ahead), expand their footprint, or to quickly enhance their service or product offerings. However, in the context of an M&A or investment transaction, technology represents both a massive opportunity, and a potential risk.
At Stephenson Harwood, we have a strong understanding of the technology sector, both in terms of the workings, specifications and uses of the underlying technology products and the trends driving the evolution of various business sectors as a result of digital disruption. We are therefore well-placed to assist businesses to protect the value that is attributed to technology in various investment transactions.
Our technology transaction team works seamlessly with all practice areas to ensure that you receive integrated and practical solutions to any issues that may arise throughout the life cycle of the deal, from anti-trust advise, due diligence and negotiations, to implementation and post-acquisition integration.
We are alert to the key issues that arise in technology transactions, such as ownership of IP, data privacy, retention of management and specialist expertise, the need for innovative pricing and payment structures, competition law issues and supply chain control issues.
We can assist across the following disciplines in relation to technology investments and transactions:
- Public and private M&A
- Private equity, venture capital, equity capital market fundraising and debt
- Foreign direct investment (FDI)
- Antitrust and competition
- Initial public offerings
- Joint ventures
- Restructuring and insolvency
IPO of space technology investment group
Advised Seraphim Space Investment Trust plc on its IPO and the subsequent acquisition of a seed portfolio with a value in excess of £100 million from Seraphim Space LP.
Acquisition of cyber-security services provider
Advised Kroll, a global provider of services and digital products related to governance, risk and transparency, on its acquisition of Redscan, a UK-based cyber-security services provider.
Acquisition of audio-visual (AV) integration specialist
Advised Aura, the workspace technology solutions specialist, on its acquisition of Reflex, the AV integration specialist.
Acquisition of order management software provider
Advised Elemica, a US-based digital supply chain network for the manufacturing sector, on its acquisition of OmPrompt, a UK-based order management software provider.
Disposal of parking technology provider
Advised private equity firm Pelican Capital on its sale of YourParkingSpace, the UK's fastest growing parking technology provider, to Flowbird Group.
Additional funding for laser solutions and photonics technology group
Advised a leading global supplier of lasers and photonics technology on securing additional investors and a pre-investment restructure.
Acquisition of equity stake in a network-coding technology services provider
Advised a tech-focused venture capital fund on its investment in a network-coding technology services provider based in Hong Kong Science Park.
Secured investment in securities finance technology company
Advised Bowmark Capital on securing new investment from Hg for portfolio company Pirum Systems, a leading provider of post-trade automation and collateral management technology for the global securities finance industry.
Acquisition of provider of field service management and mobile workforce software solutions
Advised Bowmark Capital on the buy-out of Totalmobile, a provider of field service management and mobile workforce software solutions.
Acquisition of stake in integrated technology solutions company
Advised Bowmark Capital on its investment in Focus 4 U Ltd, a provider of integrated technology solutions to more than 15,000 businesses.
Acquisition of stake in global testing platform
Advised FPE Capital on its investment in Global App Testing, a global testing platform utilised by hundreds of brands including Google and Microsoft.
Acquisition of stake in asset management software provider
Advised FPE Capital on its investment in Dynamic Planer, a software provider which serves almost 40% of UK wealth advice firms and over 150 asset managers.
Acquisition of stake in cloud and data migration company
Advised FPE Capital on its investment in Egress, a cloud and data migration specialist.
Acquisition of stake in business applications and cloud services platform and technology consultancy
Advised FPE Capital on its investment in Codestone a business applications and cloud services platform, and on Codestone's subsequent acquisition of Clarivos.