Successful Sale of Software Subsidiary for Long-Standing Client
The client
Our Corporate team recently acted for a longstanding private company client in the successful sale of one of its wholly owned subsidiaries in the financial / technology services sector.
The issues
The subsidiary, a well-regarded provider of software solutions to the financial services sector, was acquired by a UK-based technology group seeking to expand its footprint in the fintech space.
The approach
We provided end-to-end legal support on the corporate sale, from early-stage structuring advice through to completion. This included:
- Advising on the structure of the transaction.
- Preparing and negotiating the Share Purchase Agreement (SPA) and ancillary documents.
- Coordinating the legal due diligence process and managing responses to buyer enquiries.
- Advising on employee matters and IP assignment relating to the software products.
- Supporting our client through completion and post-completion undertakings.
The outcome
The transaction was completed smoothly and on schedule, delivering a clean exit for our client and value realisation from a subsidiary it had developed. The buyer acquired a fully operational business with strong customer relationships and an established product suite.
Our client was particularly pleased with our ability to navigate complex issues and to safeguard its ongoing interests in the wider group through carefully negotiated warranties and indemnities.
This transaction highlights our capability in delivering pragmatic, commercially focused advice on technology-related corporate sales. Whether disposing of non-core subsidiaries or executing a broader exit strategy, our team is experienced in guiding business owners through every stage of the process with clarity and confidence.
If you would like to discuss any of the issues raised in this case study, please get in touch.
