TLT has leveraged its corporate expertise and strategic alliance with Dutch firm Holla to advise on the acquisition of Idox plc’s Grants Consultancy business by existing client SilverTree Equity Partners, a specialist software and technology focused private equity firm
Grants Consultancy is one of the Netherlands’ leading providers of innovation funding consultancy and data. Idox plc is an AIM-listed supplier of specialist information management software and solutions.
TLT advised SilverTree on the acquisition and commercial agreements with Idox, and co-ordinated all the legal workstreams. Holla ran the legal due diligence in the Netherlands and other local law requirements.
The acquisition supports SilverTree’s strategy to acquire and grow businesses in the software, technology and tech-enabled business services sectors, particularly where there is an opportunity to consolidate the market.
Source: Private Equity Wire
