Microlise Group, a leading global provider of innovative technology solutions, has announced its latest strategic acquisition of Enterprise Software Systems Limited (ESSL). The acquisition – which is subject to CMA approval – will strengthen Microlise’s TMS portfolio, further demonstrating its commitment to growth and innovation, and is expected to immediately enhance earnings.
International legal practice Osborne Clarke advised ESSL on the deal with a team led by associate director Seamus McKimm and including senior associates Lottie France and Oliver Wilson. Sophie Myatt advised on employment matters and partner David Nisbet advised on tax.
ESSL has been trading for over 25 years and is a leading supplier of Transport Management Software for medium to large UK transport companies. Through strategic partnerships, it offers end-to-end solutions supported by its team’s industry knowledge and expertise. This strategic move not only enhances Microlise's Transport Management System (TMS) offering, but also expands its product portfolio in the TMS space to cover a broader market segment.
Paul Topps, Managing Director of ESSL, said "Having not been through an M&A process for many years, Seamus’ knowledge and expertise was invaluable. He guided us through the transaction, providing clear and insightful explanations, with a professional yet personable approach. The team at Osborne Clarke understood the strategically important matters to us and pursued these with vigour, culminating in a very successful outcome for all."
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in both the technology and transport sectors. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.