Hugh James has advised Microsoft Dynamics software specialist firm, Evo-Soft Limited, on its sale to the Manchester-based IT company, BCN Group.
Our Corporate and Commercial department provided specialist support to Evo-Soft Ltd throughout the acquisition process. The team was led by Partner and Head of Corporate/Commercial, Gerallt Jones, and supported by Solicitor Matt Detheridge on the sale and purchase, and Associate, Sali Owens, on the employment aspects of the deal.
Founded in 2001, Evo-Soft is a UK top five Microsoft Gold Enterprise Resource Planning Partner. It is a leading provider of Microsoft Dynamics 365 Business Central solutions to importers, wholesalers, distributors, and the auction marketplace.
Under the deal, Evo-Soft becomes part of the BCN Group and will enhance BCN’s focus and capability of delivering services and solutions from the Microsoft ecosystem. BCN is a leading Digital Transformation solutions and managed service provider delivering cloud first data strategies to the Mid-Market and Public Sector organisations.
Commenting on the deal, Gerallt Jones, Partner and Head of the Hugh James Corporate and Commercial team, said:
“We’re very pleased to have acted for the shareholders of Evo-Soft Ltd in selling its entire issued share capital to the BCN Group. BCN is a rapidly growing business and we wish the team the very best as it continues to scale and thrive.”
The deal also adds to Hugh James’s considerable expertise in advising the technology, media and telecoms sector. It recently advised shareholders of Marathon IT services on the investment in the company by Fluidone Ltd and played a role in Circle IT’s acquisition of Microsoft Gold Dynamics/CRM Partner Fabric IT.
Derek Fisher, Sales Director of Evo-Soft said:
“We are a leading provider of Microsoft Dynamics 365 Business Central solutions to importers, wholesalers, distributors, and the auction marketplace. We transform businesses with our award-winning, extensive library of solutions. The BCN acquisition provides a true opportunity for Evo-Soft and our customers to leverage and incorporate the complementary portfolio of relevant and vital IT services required for today’s businesses to continue to scale and thrive.”
