Project Cadwell
Submission Date: 05/11/19
Completion Date: 31/10/19
Target: Cloud Optics
Acquirer: Livingstone Technologies
Deal Value: Confidential
Deal Description: Transcend Corporate, the Thames Valley, Birmingham and Hong Kong based corporate finance advisers, has advised the shareholdes on the sale of Cloud Optics (“Cloud Optics”) to Livingstone Technologies (“Livingstone Group”) a business backed by Global investment firm The Carlyle Group, for an undisclosed sum. A Transcend Corporate team, led by Partner, Steve Bartlett and assisted by colleague Tom Nash, acted as lead advisers to the shareholders of Cloud Optics.
Funding: The Carlyle Group
Corporate Finance Advisers: Transcend Corporate
Legal Advisers: Osborne Clarke LLP
Financial Due Diligence: Deloitte LLP