Osborne Clarke advises BGF on £6m investment in Amdaris

Written on 4 June 2020

International legal practice Osborne Clarke has advised BGF on its £6 million investment in Amdaris, an industry-leading software developer and digital transformation specialist, to support its organic and acquisitive growth strategy.

Headquartered in Bristol, Amdaris is one of the UK’s fastest-growing technology companies. It employs more than 200 developers and has averaged 40 percent revenue growth per annum over the past three years to £7.2m. The firm’s key sectors of operation include real estate, recruitment, education, financial services and energy.

Amdaris’ team in Bristol is supported by centres in Romania, Moldova and Dubai, providing customers with nearshore services through a company-wide collaborative approach to software development. The company provides services across digital transformation, cloud migration, technology integration and more.

With the investment, Amdaris now plans to embark on a significant growth journey. This will include exploring strategic acquisition opportunities with the support of BGF’s financial backing and its growth and M&A experience in the IT software and services industry.

BGF is a long-time client of Osborne Clarke and the team has previously advised on many of its investments. including those in Equilaw and Thomas Legal, Amazon Filters and Roc Technologies. In addition, Osborne Clarke recently advised Dragons’ Den star Peter Jones on his collaboration with BGF.

The Osborne Clarke team was led by Associate Director James Taylor, with support from Partner Simon Jones and Associate Hannah Stevens.

Osborne Clarke has a market-leading international venture and growth capital practice and is widely recognised as a leading European law firm for companies operating in the technology, media and communication sectors.