InfoFlex
UK based healthcare software specialist Chameleon Information Management Services Limited and its subsidiary, Flex Software Limited, trading as InfoFlex has been acquired by Civica UK Limited, the wholly owned subsidiary of Civica, a global leader in software for public services.
With over 25 years’ experience in the healthcare sector, InfoFlex provides a market-leading cloud enabled application with trust-wide and cross-organisation capabilities. A signatory to techUK's Health & Social Care Interoperability Charter, its software integrates with existing hospital systems, across 65 clinical specialities including; cancer services, digital remote monitoring solutions (RMS), Inflammatory Bowel Disease (IBD) and endoscopy. InfoFlex has more than 40,000 users across over 130 NHS trusts. During the COVID-19 pandemic, trusts have used InfoFlex in innovative ways to manage data collection and reporting. In one example, West Hertfordshire Hospitals NHS Trust used the software to set up a Virtual Hospital for the administration of patients being cared for in the community.
Marc Warburton, InfoFlex Chief Executive added: “As the next stage of our development, we’re excited to be joining Civica. This will enable us to benefit from the opportunities and expertise of the wider Group, helping us to support more customers in providing the data and information management software and innovation to improve health outcomes.”
Wayne Story, Civica Group CEO, said: “I am delighted to welcome InfoFlex into the Civica Group. The company’s market leading software and sector experience will strengthen our presence and expertise right at the heart of the NHS. We’re excited about the opportunities ahead to add even more value and digital capability for our customers and further help transform the way trusts deliver clinical care.”
Pradip Somaia, partner at Regent Assay commented: “InfoFlex’s secure, clinically led, function rich, proprietary information management software, which enables efficient workflow and data management, fits very well into Civica’s excellent software portfolio. Both companies share a common goal of building software that enables a more efficient and effective UK Public sector and a combined offering by Civica will enable trusts to transform the way they deliver clinical care. It was a real pleasure to be advising InfoFlex and believe the synergies will be immense for both parties as they can further exploit and develop innovative digital software for the healthcare space. Both parties displayed the utmost level of professionalism and integrity throughout the transaction and we all wish them a great future together.”
Marc Warburton, Chief Executive, InfoFlex commented on Regent Assay’s role in the transaction: “I want to thank you Ian, Pradip, Gerard and Hana at Regent Assay for your expert handling of this sale, you made it a (relatively) stress free process and enabled us to find the level of company we were hoping for to secure the work we’ve done over the last 25 years! I am particularly grateful to Regent Assay Partner Pradip Somaia for his wholehearted efforts in such challenging times. His commitment to this project was brilliant. It has been excellent working with the Regent Assay team and I learned a huge amount throughout this process.”
The Regent Team was led by partner, Pradip Somaia.
Voicevale
Toyota Tsusho of Japan has acquired 20% of the shares in Voicevale Ltd, entering into a strategic partnership. Voicevale is a specialist importer of nuts, dried fruits & seeds, with offices in London, Paris, Hamburg and Beijing.
Stephen Bennett and Mike Simson acted for Voicevale on the transaction.
Verdict
Retail research company Verdict Research, which reports on the nation's buying habits, is being sold to Datamonitor for £4.7million.
The market research business, which was established in 1984 by entrepreneur Richard Hyman, is being sold for an initial £3.3m with a further £1.4m to be paid over the next three years subject to performance.
Verdict will join Datamonitor's consumer goods research arm and marks the company's first foray into retail research. It will also complement its offerings in the technology, logistics and financial services markets.
Hyman, a well-known industry figure who frequently contributes to television and radio programmes, will stay on as head of Verdict for a further three years.
Datamonitor plans to expand Verdict's operations beyond the UK to the rest of Europe and the US.
Uniq
Convenience food group Uniq has completed the sale of its UK poultry business to Sovereign Food Group, a subsidiary of Grampian Country Food Group, for £11.84million in cash.
A team led by Partner Mike Simson advised Uniq on the transaction. PWC provided vendor due diligence services and DLA acted as legal advisers to Uniq.
Troika
NYSE listed, global consulting group, Navigant Consulting has acquired UK financial services consultancy Troika.
The consulting firm provides operational, dispute, investigative, risk management and financial advisory solutions to legal counsel, government agencies and companies experiencing regulatory or structural challenges.
Troika provides consultancy services to the financial services industry covering operations performance improvement, product and distribution strategies, organisation, people, IT effectiveness and transaction support.
Stephen Bennett and Mike Simson advised Troika on the transaction.
SDI Displays Limited
A team led by Partner, Mike Simson advised the shareholders of the retail fittings designer and provider, SDI Displays on a sale of the company to its management team.
Funding for the transaction was provided by Lloyds Bank.
Gateley acted as lawyers for the SDI shareholders.
SAM
SAM, a distributer of motor spares from three branches in the South East has been acquired by Lloyd Motor Spares. Founded in 1976, Lloyd Motor Spares represents some of the world's premier automotive brands, including BMW, MINI, Jaguar, Land Rover, Volvo and Kia.
Roland Long Advertising
ISIS Private Equity Partners has taken a significant equity stake in regional advertising agency, Rolland Long Group.
We initiated the transaction and identified ISIS as the preferred investor.
RIM-Tech A.S
RIM-Tech a.s, large Czech plastic parts supplier, has been acquired by Polimoon Group BV, a leading European plastics products producer. Regent Assay introduced the buyer.
Rapita
Rent Assay successfully advised the shareholders of Rapita Systems Ltd (“Rapita”), a leading provider of real-time verification solutions for aerospace and automotive embedded systems, on the sale of their business to Danlaw Inc. (“Danlaw”), a global connected vehicle, automotive electronics and embedded engineering enterprise.
“The Rapita family of testing products complement our unique Mx-Suite™ automated environment for MIL/SIL/HIL testing,” said Dan McClung, Danlaw’s VP of Engineering Solutions. “With the integration of Rapita products, Danlaw has strengthened its portfolio of embedded software tools to include on-target testing. This extended tool suite further addresses the needs of automotive and aerospace functional safety requirements.”
The Rapita family of products includes:
RapiTime™ – Performance measurement and timing analysis, including worst-case execution time (WCET)
RapiCover™ – Structural coverage analysis, including MC/DC coverage
RapiTask™ – Visualization of RTOS scheduling and event tracing
RapiTestFramework™ – Unit testing and module based testing
“This acquisition opens great opportunities for Rapita to consolidate and to grow its customer base, in particular to expand the operations in the USA. Our customers will benefit from our combined toolset and expertise along with a worldwide engineering service infrastructure.” says Dr. Guillem Bernat, CEO of Rapita Systems.
Raju Dandu, Chairman of Danlaw, says, “Rapita fits perfectly with the aggressive growth goals set for our engineering solutions division. Our strategic plan included further addition of software engineering tools and global expansion of our engineering services; this acquisition delivers on both. We welcome the Rapita team into the close-knit Danlaw family.”
Ian Broster, founder of Rapita had the following to say on Assay Partner Ian Bussey’s role in leading the transaction: “I just wanted to say a huge thank you to you for how you have handled this deal. You have been absolutely amazing in your control of the deal, coordination, negotiation and problem solving. It was a superb job. Well done indeed.”
About Danlaw:
Danlaw’s 500+ engineering professionals have been providing connected vehicle telematics and automotive embedded electronics solutions to OEM’s and their Tier-1 supply base for over 30 years. Danlaw has facilities in the USA, Europe, India and China. Danlaw’s specialty areas include embedded systems development and testing for Embedded Control Units (ECUs), vehicle network communications, infotainment, and telematics. Their customers include Automotive OEMs, automotive electronics suppliers, fleet and automotive insurance companies worldwide.