Firm News
NoBlue Limited, a leading provider of NetSuite-based business management software solutions, recently announced its buyout by FPE Capital LLP, a prominent software and services investor.
The sale of NoBlue Limited, including subsidiaries in the UK, the United States and Spain, marked a significant milestone for the company and its dedicated team.
The transaction, which was successfully facilitated by the Corporate Team at Myerson Solicitors, acting on behalf of Ian Irwin and Philip Baker, highlights the growing confidence and value in NoBlue Limited's innovative solutions and market position.
The Myerson deal team was headed by Ryan Fletcher an Associate in our Corporate Team, along with Corporate Partners Akeel Latif and Scott Sands and Trainee Solicitor, Charlotte Peers. Vicki Fagan an Associate in the Employment Team and Richard Meehan a Senior Associate in the Commercial Team both advised on the respective employment and commercial aspects of the deal.
“We are thrilled to have been able to support Ian Irwin, Philip Baker and the wider NoBlue team in relation to the acquisition and investment by FPE Capital. It took a lot of dedication from all involved to close the deal and we at Myerson are all very excited to see the next stage of growth for NoBlue as part of the NoBlue2 Group” said Ryan Fletcher, Associate in our Corporate Team.”
The acquisition by FPE Capital also included the purchase of Elevate2, another Net Suite Solution provider. This strategic move to combine the business of both companies positions the NoBlue2 Group for further growth and diversification.
Ian Irwin will continue to be an integral part of the organisation as CEO ‘of the wider NoBlue2 Group.
NoBlue Limited's extensive range of solutions and services can be explored on their website. With an established reputation for excellence, NoBlue Limited continues to provide innovative technology solutions to its clients. You can read the NoBlue Limited press release to find out more about the acquisition.
The FPE investment was led by Dan Walker, Harriet Hunt, and Harry Gill. FPE was advised on the transaction by Stephenson Harwood (Legal), Graph Strategy (Commercial), Crowe U.K. LLP (Financial and Tax), Tax Advisory Partnership (Tax structuring) and The Continuum (Management).
The shareholders of NoBlue were advised by Myerson (Legal).