| Hazlewoods Corporate Finance team have recently advised investment firm, Inspirit Capital, on its upcoming acquisition of Landmark Solutions.
Landmark Solutions specialises in designing, building and maintaining complex platforms and analysing geospatial data, (information relating to specific locations), for public and private sector organisations. Founded in 2002, the high-tech Exeter-based company has been active in developing its Software-as-a-Service and Data-as-a-Service solutions, and expanding by adding software development, consultancy, and cloud-based data hosting over the years. The business is being sold by a division of Landmark Information Group, which is owned by Daily Mail and General Trust Plc. Paul Youens, Investment Associate at Inspirit Capital, praised the Hazlewoods team for their work on the transaction. He said: “Thank you to you all for all your support throughout the engagement – your assistance was invaluable and greatly aided us in our investment decision. Hope to work alongside you again in the future.” Rich Grover, Associate Director at Hazlewoods, said: “It was a pleasure to be able to help Inspirit Capital with their latest transaction and we wish everyone involved a very prosperous and successful future.” Landmark Solutions will be rebranded by Inspirit Capital, who focus on acquiring UK-based business with growth potential. Chris Brackley, Managing Director of Landmark Solutions, said: “The Inspirit team are experienced investors that will help us to build on our existing track record and unlock our growth potential as a standalone business. “We are excited about the prospect of partnering with them and taking our business to the next level.” Albert Farrant, founding Partner at Inspirit Capital, said: “Chris Brackley and his team have built an outstanding business that has consistently won large data contracts despite competition from global diversified technology conglomerates. “We believe that Landmark Solutions is very well positioned to take advantage of the significant opportunities that exist in the market and are excited about partnering with the business as it embarks on this next stage in its journey.” Hazlewoods is Business Leader’s ‘Advisory Firm of the Year’ for 2021. If you are considering buying a business, selling your company or are looking for ways to finance your growth plans and would like to find out more about the process, please contact Rich Grover on 01242 680000 or email rich.grover@hazlewoods.co.uk |
