Leading UK law firm Shoosmiths has advised global software company Everbridge, Inc. on a significant acquisition of advanced business resilience solutions business, Anvil Group.
Everbridge is a Nasdaq listed global software company, providing international clients with best-in-class software applications that automate and accelerate operational response to critical events, its aim to keep businesses running faster and safer.
The acquisition will expand Everbridge’s technology solutions, with Anvil offering industry-leading travel risk management, operational resiliency and occupational health technology solutions through its award winning Riskmatics® platform. Today, Everbridge supports more than 6,000 enterprise customers with Critical Event Management (CEM) software applications that automate and accelerate organisations’ operational response to critical events.
The transaction cements Shoosmiths’ reputation for supporting high-end technology clients with their mergers and acquisitions requirements on an international scale. These have included the sale of travel fintech innovator Ixaris to Nium and acting for Five Arrows Principal Investments on the creation of a new Milton Keynes-based global technology finance company.
The Shoosmiths team was led by corporate partners Ben Turner and Alistair Hammerton, principal associate Georgina Rennie and associate Jordan Hollingsworth, with tax advice from Sarah Buxton, Laura Board and Caroline Airey.
Shoosmiths corporate partner, Ben Turner, said: “This incredibly dynamic transaction was concluded within an extremely tight time scale, a testament to the unparalleled depth of our team who worked collaboratively with the Everbridge in-house legal team to deliver the transaction. Everbridge are an ambitious technology business looking to leverage their best-in-class service and Anvil’s offering will undoubtedly complement this. Everbridge have exciting plans for future growth and we look forward to working with them to achieve further success.”