International legal practice Osborne Clarke has advised SharpCloud on an investment from funds advised by YFM Equity Partners. YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside YFM Equity Partners Growth II LP.
The investment will support the continued growth and roll out of SharpCloud's enterprise SaaS product and support the continued growth of the business as it scales to meet the market opportunity, with SharpCloud expanding its team in the UK and the US. These newly created roles will enable the business to further develop its market-leading technology and to grow its international client base.
Targeted at enterprise business, SharpCloud is a tool for digital transformation teams working together on; enterprise risk management, portfolio management, business roadmapping and digital workshops.
Since the launch of its enterprise product 2 years ago, SharpCloud has seen rapid growth, with organisations ranging from Rolls Royce to the US Federal Government using the product to unlock key insights and support executive decision making.
Longstanding client SharpCloud were advised by Osborne Clarke’s Private Equity team led by Partner Tim Hewens. Tim worked with Senior Associate William Nicolson and Associate Charles Sunley, in addition to Senior Associate Ben Dunham (Commercial) and Associate Lara Flynn (Employment).
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the tech, media & comms sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.