Moore Kingston Smith is delighted to have advised the shareholders of Nuaware Limited, a hypergrowth, born-in-the-cloud distributor of cloud, DevSecOps and containerisation, on its sale to Exclusive Networks.
Nick Thompson, Partner, and Matt McRae, Manager, from our corporate finance team worked with the shareholders to approach potential acquirers, negotiated offers and managed the transaction process through to completion. Tax advice on the proposed deal structure was provided by Mark Fielden, Partner, and Tom Acland, Manager, from our M&A tax team.
The move adds immediate global scale and services capability to the Nuaware proposition and portfolio, while endowing Exclusive Networks, its vendors and partner community with a unique skill set for capitalising on immense demand shifts brought about by digital transformation.
Zaheer Javaid, Co-Founder of Nuaware, said: “MKS were integral to the successful sale of Nuaware to Exclusive Networks. From the outset we were provided with clear advice, from a team who we quickly felt were part of our team. We are extremely grateful to Nick, Matt and Tom for making this complicated and personal journey, much easier, much less stressful and ultimately, as beneficial for us as possible.”
Nick Thompson, Corporate Finance Partner, said: “It was a pleasure working with Luke and Zaheer to guide them through this process. They have found a great partner and I am confident they will continue to build on the growth they have already achieved.”
If you are considering a sale or acquisition, please contact us to find out how we can help you.