Leading UK law firm Shoosmiths has acquired global software company Everbridge, Inc. in a major acquisition of Advanced business resilience solutions business, Anvil group.
Everbridge is a Nasdaq-listed global software company that provides international customers with world-class software applications that automate and accelerate operational response to critical events, with the goal of making businesses faster and more secure.
The acquisition will expand Everbridge’s technology solutions, with Anvil providing industry-leading technology solutions for travel risk management, occupational safety and health through its award-winning Riskmatics® platform. Today Everbridge supports more than 6,000 enterprise customers with Critical Event Management (CEM) software applications that automate and accelerate the way companies respond to critical events.
The transaction solidifies Shoosmiths’ reputation for assisting high-end technology customers with their mergers and acquisitions on an international scale. These included selling travel fintech innovator Ixaris to Nium and representing Five Arrows Principal Investments on the launch of a new global technology finance company based in Milton Keynes.
The Shoosmiths team was led by corporate partners Ben Turner and Alistair Hammerton, principal associate Georgina Rennie and associate Jordan Hollingsworth with tax advice from Sarah Buxton, Laura Board and Caroline Airey.
Shoosmith’s corporate partner, Ben turner, said: “This incredibly dynamic transaction was completed in an extremely tight timeframe, demonstrating the unparalleled depth of our team who worked with Everbridge’s in-house legal team to execute the transaction. Everbridge is an ambitious technology company looking to capitalize on their world-class service, and Anvil’s offering will no doubt complement that. Everbridge has exciting plans for future growth and we look forward to working with them for continued success. “
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