Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising Capita plc (Capita), a consulting, transformation and digital services business, on the pending sale of Eclipse Legal Systems (Eclipse) to The Access Group (Access). Eclipse is a leading mid-market case, matter and practice management software provider operating primarily in the U.K. legal market. The transaction is being led by Thierry Monjauze, Mathew Tsui and John Levy of the firm’s London office.Fintech News
“This transaction highlights our consistent track record in delivering successful outcomes for our clients in vertical software and demonstrates our ability to unlock significant value through the divestment of non-core assets,” said Thierry Monjauze, a managing director at Harris Williams. “We believe Eclipse is ideally suited for success in its new partnership with Access, a company with an impressive history of acquiring and effectively integrating companies into its platform.”
“The successful sale of Eclipse is evidence of our ability to continue to achieve optimal outcomes for clients, despite today’s uncertain global M&A market,” added Monjauze. “We look forward to seeing what the two companies accomplish together as Access builds out a new legal software division with Eclipse at its core.”
Capita is a consulting, digital services and software business. Every day 61,000 colleagues help millions of people, by delivering innovative solutions to transform and simplify the connections between businesses and customers, governments and citizens. Capita partners with clients and provides the insight and cutting-edge technologies that give time back, allowing them to focus on what they do best and making people’s lives easier and simpler. Capita operates in the U.K., Europe, India and South Africa – and across six divisions: customer management; government services; people solutions; software; specialist services; and technology solutions. The company is quoted on the London Stock Exchange (CPI.L).
Eclipse is a leading mid-market case, matter and practice management software provider operating primarily in the U.K. legal market. Eclipse’s core product, Proclaim, is in use by over 25,000 professionals in a vast range of sectors. Clients range from household-name commercial organizations and heavyweight law firms, through to niche market operators and sole practitioners.
Access has been recognized in The Sunday Times Tech Track 100 in 2019 and is a leading provider of business software to mid-sized U.K. organizations. It helps more than 35,000 customers across commercial and not-for-profit sectors become more productive and efficient. Its innovative Access Workspace cloud platform transforms the way business software is used, giving every employee the freedom to do more. Founded in 1989, Access employs more than 2,600 staff.
Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams TMT Group advises leading private and public companies, entrepreneurs, private equity firms and venture capital firms on mergers and acquisitions and capital-raising transactions worldwide. The TMT Group has deep domain expertise in the IT Services, Software/SaaS, and Internet and Digital Media sectors, with particular emphasis on specific verticals including education technology, data analytics, energy technology, fintech, public sector, supply chain/logistics and healthcare technology (HCIT). Across verticals, the firm also advises technology services and networking solutions businesses. For more information on the TMT Group and its recent transactions, visit the TMT Group’s section of the Harris Williams website.
Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: email@example.com). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.