Strata advised Solarsoft Acquisition Limited

Advised Solarsoft Acquisition Limited on a recommended $35 million cash offer for Chelford Group plc


Transaction Summary

Advised Solarsoft Acquisition Limited, a company formed at the direction of Marlin Equity Partners LLC, a US-based private equity firm, on the recommended $35 million cash offer for Chelford Group plc (AIM: CHR)

Transaction Highlights

  • Chelford Group plc, a London AIM market listed company, was acquired by Solarsoft Business Systems,a company controlled by Marlin Equity Partners, for a total consideration of some $35 million
  • Chelford was a leading provider of specialist solutions in the areas of supply chain management, ERP, manufacturing, warehousing and distribution, asset tracking and financials
  • The acquisition expanded Solarsoft’s scale of its operations, the range of its product offering and vertical market expertise
  • Strata Partners acted as the exclusive financial adviser to Marlin and Solarsoft, advising about all aspects of the public offer
  • The team at Strata met an extremely tight timetable with less than 4 weeks from appointment by the client to posting of the offer document

Company Profile

  • Solarsoft Business Systems is a supplier of ERP software and IT services to manufacturers, distributors and wholesalers. It has a customer base of over 1,700 companies and employs in the order of 350 staff in Europe, North America  and Asia
  • Marlin Equity Partners is an independent US-based private equity firm. In November 2007, Marlin announced the closing of a new $300 million institutional private equity fund

"We chose Strata to advise us on our first European public acquisition - the US$35 million public offer for Chelford Group plc. The team at Strata met an extremely tight timetable and provided first class advice in helping us navigate the UK Takeover Code.


Nick Kaiser | Principal | Marlin Equity Partners LLC