Deal announcement: Sale of Optevia Ltd to IBM United Kingdom Ltd
Cripps is delighted to have advised Optevia, a Kent based company specialising in Microsoft Dynamics based customer service management (CRM) solutions for public sector organisations, on its sale to the global business services division of IBM, the American multinational technology and consulting corporation.
Advising the vendors on all aspects of the sale, the deal involved Cripps working together with the buyers solicitors, accountants and tax advisers.
“Thank you so much for all your help and determination in completing the sale. I’m quite certain that without the attention and flexibility demonstrated by the team at Cripps, we would not have achieved our desired outcome”. Tim Vernon, Managing Director, Optevia.
The acquisition will allow IBM to scale Optevia’s Microsoft Dynamics CRM solutions across other areas worldwide, where Optevia’s software, assets and highly skilled, industry-focused workforce, coupled with their expertise, will significantly increase IBM’s current capabilities.
This is one of a number of transactions Cripps has successfully completed recently. To find out more about how we can help you, please get in touch.