Corporate Finance, Deal Advisory
Gerald Edelman’s Deal Advisory team advises on the sale of Felinesoft Limited
Gerald Edelman is delighted to announce that its Deal Advisory team has advised on the sale of Felinesoft Limited (Felinesoft), a leading Bristol-based digital solutions provider, to ClearCourse Partnership LLP (ClearCourse / the Group), a private equity backed group of innovative software and technology businesses.
Pricing and other deal terms have not been disclosed.
Founded in 2001, the success of Felinesoft has been built on a reputation for technical excellence and an ability to design and implement bespoke digital solutions that enhance productivity and performance. An attractive aspect of the business is the integration of a ‘continuous improvement model’, which allows it to provide perpetual digital transformation solutions and support in all areas of technology relevant to specific clients.
The acquisition by UK based ClearCourse will strengthen the Group’s growing presence in the not-for-profit and CRM industries, while widening the scope of its sector specific expertise and generating cross selling opportunities. Felinesoft will receive strategic and operational guidance from ClearCourse’s experienced team, as well as financial resources to support the expansion of its operations and offering.
Ralph Johnson, Co-Founder and Managing Director of Felinesoft, commented:
“We are incredibly proud of the growth and scale we have achieved over the past 19 years. The ClearCourse team have demonstrated a great understanding of the sectors we operate in and of the values we have built the business on, empowering companies with the tools to achieve their objectives. Being part of ClearCourse will give us access to the breadth of operational, strategic and financial support we need to enhance our customer service and the solutions available to our clients. We have watched the ClearCourse story evolve and are excited to join them on this journey.
It has been great working with the team at Gerald Edelman and I’m positive that not only did their involvement make things far smoother, but also helped to achieve the optimal deal structure and guide us through the sale process. I would have no hesitation in recommending them to any business owner looking to sell their business.”
“We are delighted to have delivered an exciting deal for the shareholders of Felinesoft. The completion of the deal has demonstrated our ability to execute a streamlined process, while maximising value for our clients. We believe that ClearCourse represents an excellent partner for the business and are confident that Felinesoft will continue to grow as part of this diversified organisation. We wish Ralph, Pete, and the team at Felinesoft every success with the exciting journey that they have just commenced.”