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Hopewiser Acquired by Jonas Software

Hopewiser Acquired by Jonas Software: A Strategic Milestone Achieved with the Expertise of Achieve Corporation

Manchester, UK – July 7, 2024 – Hopewiser, a renowned leader in address validation and data quality solutions, has been successfully acquired by Jonas Software, further expanding Jonas Software’s extensive portfolio of over 150 companies. This strategic acquisition, culminating on June 27, 2024, represents a significant milestone for both organisations.

The acquisition process, which spanned 16 weeks, was meticulously managed by Achieve Corporation. Their comprehensive sale process, including an auction process, benchmarking offers, offer negotiations, negotiating Heads of Terms (HOT), forensic valuations, and detailed business case analyses, was instrumental in the successful completion of the acquisition.

Matt Good, Managing Director of Hopewiser, expressed his gratitude for the professional guidance and support provided by Achieve Corporation throughout the acquisition process. “I couldn’t have done it without the help from Achieve Corporation. From start to finish, they handled the sale process and guided me every step of the way,” he stated.

By joining Jonas Software, Hopewiser becomes part of a diverse and robust ecosystem of software companies, benefiting from Jonas Software’s extensive resources and industry expertise. This acquisition is poised to enhance Hopewiser’s capabilities and market reach, driving innovation and delivering superior solutions to their customers.

Jonas Software’s acquisition strategy focuses on partnering with industry-leading software companies, fostering growth and success within their respective markets. With the addition of Hopewiser, Jonas Software reinforces its commitment to expanding its footprint and delivering unparalleled value to its clients.

About Hopewiser: Hopewiser is a leading provider of address validation and data quality solutions. The company has a long-standing reputation for delivering innovative software solutions that help organisations improve the accuracy and efficiency of their data management processes.

About Jonas Software Jonas Software operates over 150 independently managed software companies worldwide, providing enterprise management software solutions across various industries. It is committed to building and maintaining industry-leading software businesses and fostering long-term growth and success.

About Achieve Corporation: Achieve Corporation is a premier business advisory firm specialising in mergers and acquisitions. With a proven track record of successfully guiding companies through complex transactions, Achieve Corporation offers expert services in strategic planning, valuation, due diligence, and transaction management.

For software companies considering an exit strategy, Achieve Corporation offers confidential consultations to discuss the necessary steps for a successful sale.

For more information, please contact Mark Roberts at Achieve Corporation @ mark-achieve-corporation.com

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Project Validate

Software Company Address Validation and Data Cleansing

Software Company Address Validation and Data Cleansing: Acquisition Opportunity – Pioneering Force in Data Management Solutions

In the realm of data management, the significance of accuracy and reliability cannot be overstated. This is where my Client, a privately owned company, emerges as a leader in providing cutting-edge solutions in software company address validation and data cleansing. Renowned for its unparalleled expertise, this organization caters to an impressive roster of clients, including major banks, police forces, and prominent sports organizations, affirming its status as a trusted partner in data integrity.

Unrivalled Technical Solutions

At the core of its operations, the Company prides itself on designing and developing a majority of its software in-house. This includes an array of technical solutions:

  •     Address Validation
  •     Data Cleansing
  •     Data Quality Services
  •     Bank Validation
  •     Find Your Nearest

These solutions are ingeniously offered through various service models, including cloud-based solutions, standalone software, or bureau services. Each model is meticulously tailored to meet the specific needs of their clients, showcasing the Company’s dedication to versatility and client satisfaction.

Expansive Integration and Service Models

Understanding the evolving landscape of technology, the Company has extended its reach by integrating with platforms like Microsoft Dynamics, Sage, Salesforce, IBM WebSphere, WooCommerce, and WordPress plugins. This not only enhances its utility but also amplifies its presence across various digital domains.

Strategic Revenue Streams

The Company’s financial strength lies in its diversified revenue streams. The licensing of standalone software on a recurring annual basis ensures a steady income flow. Concurrently, bureau services cater to one-off purchases, customizable based on volume and client-specific requirements. For cloud-based solutions, such as Address Lookup, the Company adopts a bundle sales approach, varying in price based on volume and data enrichment needs.

Key Strengths

  •     In-House Software Development: All software developed in-house guarantees reliability, robustness, and scalability.
  •     Customized Software Solutions: Tailored software solutions meet complex client requirements.
  •     Versatile Market Supply: Supplies a range of hardware solutions across all vertical markets.
  •     Online Self-Service Portal: Enhances customer accessibility with a pay-per-click address lookup portal.
  •     Strong Succession Planning: A robust plan with shareholders providing long-term post-sale consultancy.
  •     Efficient Order Processing: Known for quick delivery of sophisticated solutions.
  •     Diverse and Robust Customer Base: Preferred provider for several large ‘blue-chip’ companies.

In-House Technical Expertise

The Company’s flagship portfolio, encompasses address validation, data cleansing, and data quality services. This suite of in-house developed technology positions the Company at the forefront of technological innovation in data management, continually adapting to market needs.

Flexible and Customisable Service Offerings

The Company’s capability to offer tailored cloud-based solutions, standalone software, and bureau services enables it to cater to a broad market segment, adapting to diverse business models and requirements.

Stable Recurring Revenue Streams

The established licensing model for software and time-restricted bundles for cloud solutions underpins stable and recurring revenue, a cornerstone for long-term financial health and growth.

Conclusion and Summary

In acquiring this Company, one secures a vanguard position in the global data management and validation market. The key takeaways include:

  •     Leadership in software company address validation and data cleansing.
  •     Diverse and customizable technical solutions.
  •     Strong integration capabilities with major platforms.
  •     Diversified and stable revenue streams.
  •     In-house development ensuring quality and adaptability.
  •     A robust customer base spanning various sectors.

In essence, this acquisition is not just an investment in a company but a strategic move towards embracing the future of data management, underscored by innovation, reliability, and growth potential.

Arrange a private, confidential call at a time to suit you with Mark Roberts – Senior Partner: Financial Modelling and Valuations Analyst (FMVA) and Commercial Banking and Credit Analyst (CBCA).

Email Mark at mark@achieve-corporation.com

Or view our other current instructions here:https://achieve-corporation.com/current-instructions