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Fieldfisher advises on the sale of Adeptra
Field Fisher Waterhouse LLP has advised long standing client, Adeptra Limited, a leader in cloud-based customer engagement and risk intervention solutions on the sale of the company to FICO (NYSE:FICO), a leading provider of analytics and decision management technology, in a deal worth $115 million.
FICO will acquire Adeptra for an all-cash purchase price of US$115 million, subject to typical post-closing adjustments.
Corporate partner Tim Bee led on the deal, assisted by partners Graeme Nuttall, Mark Gearing and Derek Hill and director James Shaw. The team advised Adeptra management along with Adeptra’s provider of Legal Services, Jonathan Saville of JMS Consulting Limited, on the UK and cross-border elements of the sale, including providing advice in relation to the management of the Company's existing shareholder and option holder base so as to ensure an orderly and successful Closing.
Tim Bee said: "Over the years we have advised a number of technology companies on a range of M&A matters and are pleased to have advised Adeptra on this very important deal."
This deal reflects the strength of Fieldfisher's TMT sector expertise, with clients that include BBC, RIM and China Telecom.
For further information, please contact:
Louise Eckersley, PR Manager, Field Fisher Waterhouse LLP on 020 7861 4120