Geldards advise on the sale of Infomill to Toronto-based software solutions specialist Vela
Geldards has advised the shareholders on the sale of Derby-based Infomill, experts in field service technical content delivery, to Vela a global software solutions provider.
Infomill’s unique software and experienced data specialists help organisations to improve efficiency and service to customers, as well as helping unlock the potential of disparate technical data.
Toronto-based Vela is part of Constellation Software, which is listed on the Toronto Stock Exchange, and provides software solutions to several vertical industries. Its complimentary software systems and markets for Infomill’s flagship products PartsArena and AnswersAnywhere, mean the acquisition is a perfect fit.
Infomill will operate as a standalone organisation within Vela, fulfilling its ambitions for growth and adding value for customers of both companies.
Geldards’ Corporate team provided advice to the shareholders of Infomill, led by Partner Debra Martin and supported by Senior Associate Sarah Bailey, who advised on all elements of the transaction.
Debra Martin, Partner, Geldards comments:
“We were delighted to advise Infomill on the sale of their business, they are long standing clients of over twenty years now and the opportunity to join Vela is an ambition realised for them. ”
Jonathan Ralphs, CEO, Infomill (Holdco) Ltd said:
“Geldards supported me through the sale of the business, guiding me every step of the way thorough the complexities of the transaction and managed to prevent me becoming overwhelmed by the whole process. Working assiduously to meet an extremely tight deadline, the team pulled out all the stops to get the deal over the line.”