Cobalt Corporate Finance has advised smart energy supplier First Utility on a major fundraising from Morgan Stanley Capital Group Inc.
UK healthcare software-as-a-service (SaaS) business Dynamic Change Ltd has been sold to AIM- listed Allocate Software plc for up to £9m in a transaction advised by Cobalt Corporate Finance, reflecting the market’s continued interest in SaaS businesses and the Healthcare sector.
Latest Cobalt sale is “just the ticket”.
Self-service technology firm Shere has been sold to Atos Origin, the international IT services company. This is the sixth cross-border transaction advised by Cobalt Corporate Finance in the last two years.
Shere is the high-growth leading provider of self-service ticketing and kiosk systems to UK rail customers such as TfL, Go Ahead and First Group, and in recent years has been very successful in the hotel sector gaining clients such as Premier Inn for the Express Reception check-in product.