Law firm advises on sale to Canadian software giant

Geldards has advised on the sale of a Derby-based technology firm to a Canadian software giant.

The law firm advised the shareholders of Infomill on its sale to Toronto-based software solutions specialist Vela.

Infomill is home to a team of experts in field service technical content delivery.

Its unique software and experienced data specialists help organisations to improve efficiency and service to customers, as well as helping unlock the potential of disparate technical data.

Vela is part of Constellation Software, which is listed on the Toronto Stock Exchange, and provides software solutions to several vertical industries.

Following the deal, Infomill will operate as a standalone organisation within Vela, fulfilling its ambitions for growth and adding value for customers of both companies.

Geldards’ corporate team provided advice to the shareholders of Infomill, led by partner Debra Martin and supported by senior associate Sarah Bailey, who advised on all elements of the transaction.

Debra said: “We were delighted to advise Infomill on the sale of their business.

“They are long-standing clients of over 20 years now, and the opportunity to join Vela is an ambition realised for them.”

Jonathan Ralphs, chief executive of Infomill, said: “Geldards supported me through the sale of the business, guiding me every step of the way thorough the complexities of the transaction and managed to prevent me becoming overwhelmed by the whole process.

“Working assiduously to meet an extremely tight deadline, the team pulled out all the stops to get the deal over the line.”