Address Validation and Data Cleansing Acquisition Opportunity My Client is a privately owned company recognized as a leading figure providing essential solutions and services in address validation and data cleansing. Renowned for its expertise, it serves a wide array of esteemed clients, including major banks, police forces, and notable sports organizations.
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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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SaaS – Software as a Service Provider

Achieve Corporation: Leading the Way in the SaaS Market Sale

At Achieve Corporation, we specialise in navigating the complex landscape of Software as a Service (SaaS) business transactions. Our recent project managing the sale of a prominent SaaS provider stands as a testament to our expertise and strategic prowess in this dynamic sector.

Client Focus: A Visionary SaaS Provider. Our client, a distinguished SaaS provider, aspired to expand their reach in the financial markets. Their goal was to merge into a larger PLC, leveraging their innovative solutions to scale new heights. This ambition required a partner adept in the nuances of the SaaS market and skilled in handling high-stake transactions.

Our Role: Confidentiality and Strategic Auctioneering. As the sell-side advisor, our role was pivotal. We orchestrated a confidential auction, a strategic choice that ensured competitive bidding while maintaining the confidentiality essential in such high-level transactions. This approach not only protected our client’s interests but also maximised their market potential, attracting serious buyers willing to recognise the full value of the SaaS provider.

Result: A Landmark Transaction. The result of our strategic auctioneering was nothing short of remarkable. We successfully managed the auction process, leading it to a successful completion. The intense interest generated in the market was evident in the receipt of 12 sealed bids. What made this achievement particularly noteworthy was the quality of these bids – each one made at full enterprise value. This outcome not only validated our client’s market standing but also demonstrated our ability to attract bids that reflect the true worth of a SaaS business. Furthermore, the terms of the sale were exceptionally favourable: 100% cash on completion, on a cash and debt-free basis. This ensured a clear and advantageous financial transition for our client.

Achieve Corporation: Your Expert in SaaS Business Transactions. This project underlines Achieve Corporation’s position as an authority in the SaaS business sale arena. Our expertise lies not just in executing transactions, but in elevating them to achieve optimal outcomes. We understand the SaaS market’s intricacies and leverage this knowledge to our clients’ advantage, ensuring transactions that are not only successful but also strategically sound.

In summary, Achieve Corporation’s successful project management in the sale of a SaaS provider demonstrates our deep market understanding and strategic auctioneering capabilities. We deliver results that not only meet but exceed client expectations, reaffirming our status as a leader in the SaaS sector.

For further information, 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

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