Clearwater International advises the shareholders of Aligned Assets on an MBO


Clearwater International has advised the shareholders of address management solutions provider Aligned Assets Ltd (Aligned Assets) on an MBO backed by Allied Irish Bank.

With over 20 years’ experience across both the public and private sectors, Aligned Assets is a leading address management and augmented reality solution provider, offering software solutions to a quarter of the local authorities in the UK, and a third of the emergency services, particularly fire and police. The products enable streets and properties to be digitally captured by local authorities and then distributed to any organisation in the UK that requires this information via the Ordnance Survey. The solutions are used by bluelight services to aid emergency dispatch, and for operational activities such as criminal investigations and fire prevention. Aligned Assets has adapted its products for use in international markets where there is a large demand for tried and tested addressing solutions.

The company prides itself on its depth of experience, expertise and best of breed products. With a commitment to continuous innovation, the company has recently developed products that use augmented reality, the combination of cutting edge technology and excellence in address management will help the company achieve its significant projected growth targets.

The Clearwater International team was led by head of TMT and Partner Carl Houghton, with support from Directors Emma Rodgers and Joe Dyke and Associate Mark Lawrence.

Andy Hird, Co-owner and Managing Director, Aligned Assets said: “The team at Clearwater has enabled Dinesh (Director at Aligned Assets) and myself to achieve joint ownership through the process of an MBO. We are delighted to be taking the company’s expansion within the UK public sector further, and to also have the chance to take our address management expertise to international markets, a key opportunity for us to enhance our growth. It is an exciting future for Aligned Assets, building on strong heritage as we recently celebrate our 20th anniversary, and we are extremely excited about the continued deployment of our augmented reality applications across the public sector.”

Philip Gee, Co-owner and Director, Aligned Assets commented: “Knowing that Clearwater has a strong presence in our sector we approached the team to help us with our exit strategy. From the very start of the project we were impressed with the team’s approach and dedication. Clearwater provided invaluable advice and assistance with the process and was fundamental in helping the management team secure the best financing for the deal. I have no hesitation in recommending Clearwater for assisting any owners with their exit plans. I look forward to seeing the evolution of Aligned Assets under the stewardship of our fantastic management team.”

Carl Houghton, Partner, Clearwater International added:  “Aligned Assets is a market leader in the UK address management market and its focus on public sector is a very familiar area for both Clearwater’s TMT and its other sector teams. We helped the founders to craft a desired solution that gave the executive management team a significant equity opportunity over the next few years – Andy and Dinesh have ambitious international growth plans to build on the very solid UK position.”