Latest news

03 Mar 2011

Cobalt celebrates World Book Day 2011 with the sale of Talis library software business to Capita

Cobalt has advised the Talis Group on the sale of its Talis Information Limited division, the leading UK provider of Library Management Software to The Capita Group plc, the leading outsourcing and software business. The transaction was fittingly closed on Thursday 3 March – World Book Day 2011 – for a consideration of £18.5m plus a working capital adjustment of £3m and up to a further £2.5m depending on the company’s performance to 31 March 2012., giving a total deal value of £24m.

01 Nov 2010

Cobalt Corporate Finance has advised smart energy supplier First Utility on a major fundraising from Morgan Stanley Capital Group Inc.

06 May 2010

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.

26 Mar 2010

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.