Acquisition of VIPR by Tenzing

    Submission Date: November 18, 2020

    Completion Date: October 27, 2020

    Target: VIPR

    Acquirer: Tenzing

    Deal Value: Undisclosed

    Deal Description: Spectrum Corporate Finance successfully advised Tenzing on its investment into VIPR, a market-leading provider of insurance software technology. Spectrum acted as buy-side advisors to Tenzing, assisting with negotiations, project management, financial modelling, heads of terms, documentation reviews and completion process.

    Corporate Finance Advisers: Spectrum Corporate Finance (Simon Davies, James Mines and Chris King)

    Legal Advisers: Osborne Clarke

    Financial Due Diligence: PWC

    Commercial Due Diligence: Fairgrove Partners