Transaction
Clarity Blue Intelligence Solutions
One of Kent’s leading corporate finance teams has helped the management of a high tech St Albans business take control of its own destiny.
Meta Corporate Finance, advised on the £10m management buy-out (MBO) of Clarity Blue from its parent company Canadian NASDAQ quoted Sand Technology Inc.
Clarity Blue, which provides high tech intelligence solutions, helps household names including Lloyds TSB, Freeserve, 02, Goldfish and Orange, to better understand their customers.
Peter Counsell, director of Meta Corporate Finance, said, “Clarity Blue epitomises the type of business that, through our track record in MBOs and excellent relationships with other advisers and funders, we are able to advise and help them take their management team forward to bigger and even better things.”
Duncan Painter, chief executive officer at ClarityBlue, added, “This is great news – we have built a company dedicated to providing the best customer intelligence solutions. Thanks to the shared vision of our investors and advisers we will now be able to accelerate our plans to fully define and lead this growing area of marketing and the CRM marketplace.”
The sale has been partly funded by venture capital firm ECI Partners who will take a position on the board and is also backed by Barclays Bank Leveraged Finance.
Clarity Blue was subsequently sold to Experian for £85m..
Client:
Clarity Blue
Service:
- MBOs/MBIs
Region:
UK
Sector:
- Professional and Financial Services
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