International TMT Team
Clearwater International’s TMT team has a track record of advising businesses through strategic M&A and investment transactions including raising development capital, debt advisory, acquisitions, management buy-outs and partial or full exits to strategic financial or trade buyers. Our specialists offer unrivalled sector knowledge, working with leading industry players.
Recent deals in the information security market
Clearwater International advises Electranet on sale to Capita
Clearwater International has advised Electranet, a leading supplier for the design, delivery and support of highly secure network and communication infrastructure in the UK, on its sale to Capita, the UK’s leading provider of digitally enabled customer and business process services.
Electranet supports high profile government and private sector customers that require secure and effective networking and communication solutions. The company handles highly secure data and is approved to sponsor its own workforce through national security vetting processes, such as the Counter-Terrorist Check and Developed Vetting. The company runs one of the UK’s few commercial sites that is approved to hold UK government protectively marked information, allowing it to support secure government projects.
“The Clearwater team were thinking on their feet throughout our deal. Their relationships with and knowledge of the buyers meant that we completely shifted direction during our exit process and those tactics worked perfectly, delivering a deal very quickly at a price beyond our expectations. Our own performance was also improving throughout the project and Clearwater kept really close to the detail meaning we never missed a trick.”
Andy Richards, Chief Executive, Electranet
NASDAQ-listed J2 Global, Inc. acquires Danish backup-as-a-service company, Frontsafe A/S
Clearwater International has advised Frontsafe A/S (Frontsafe) on its sale to global provider of internet services, NASDAQ-listed j2 Global, Inc. (j2 Global).
Frontsafe, founded in 2006, holds a strong position within cloud and hybrid backup services in Denmark. The company specialises in delivering backup-as-a-service, based on an IBM Spectrum Protect platform (formerly Tivoli Storage Manager).
The purchaser, j2 Global, established in 1995 with headquarter in California, US, has a €37.5 bn plus turnover, combining a revolutionary patented suite of services with a financially strong organisation. j2 Global provides internet services through two segments: business cloud services and digital media.
Rivo Software sold to Kennet Partners and Fidelity Growth Partners Europe
Kennet Partners, the technology growth investor, and Fidelity Growth Partners Europe (FGPE), the pan-European growth investor, have acquired Rivo Software, a fast- growing software company based in Warwick, in a deal advised on by Clearwater International.
Rivo Software is a global provider of environmental, health and safety, quality and loss prevention management software. Founded eight years ago, the company helps businesses manage compliance and business risk through its cloud-based software. It gives senior executives clear, accurate and timely information to identify and highlight trends, which in turn enables the protection of people, revenue and ultimately a company’s reputation across the globe. The company’s software is used in 82 countries, in 32 languages by over 140,000 people. Clients include ABB, BP, Chevron, Crossrail, Siemens, Thames Water, Veolia, and many others.