Assured Information Systems sold to Ennov Life Sciences Group
September 2014 Milton Keynes
Hyde House Business Brokers, based in Milton Keynes, has successfully advised on the multiple million pound sale of Cambridge based Assured Information Systems to Paris based Life Sciences group Ennov.
Assured provides customers around the globe, with specialist pharmacovigilance software for drug safety monitoring in the human and veterinary markets.
Ennov are a larger French organisation distributing document management, clinical trials and pharmacovigilance software in Europe.
Hyde House is a corporate finance boutique based in Milton Keynes, advising business owners on mergers and acquisitions both in the UK and internationally.
Alan Rawling MD of Assured, commented “We were delighted with the advice and hands on deal management provided by Hyde House. They expertly managed the entire process from the beginning to the end incredibly professionally and were very quick to identify Ennov as a ‘perfect’ fit’.
Geoffrey Leaver Solicitors also of Milton Keynes undertook the extensive legal undertakings. The fact that Troy Warner Commercial Partner and lead legal advisor for this transaction, also spoke fluent French further aided the efficiency of the deal.
Troy Warner said, "We have worked on business sales and acquisitions many times with Hyde House and it was a pleasure to bring this high profile deal to a successful conclusion. The extra lengths that Hyde House goes to in order to support its clients always impresses me."
Barry Parsons, Senior Partner of Hyde House said ‘ It was a pleasure working with Alan and Keith the joint owners of Assured and we were delighted to bring Ennov’s investment to the UK to ensure the long term growth of the business.
Ennov's full press release on this acquisition can be viewed here.