Bates Wells M&A team advised the shareholders of Just After Midnight Limited on its sale to Ultima Business Solutions.
Bates Wells’ M&A team advised the shareholders of Just after Midnight (JAM) on the multi-million-pound sale of its entire issued share capital to private equity backed automation and services specialist, private equity backed, Ultima Business Solutions.
JAM is a global cloud services provider to digital businesses. Headquartered in London with offices in Australia, Singapore and the US, JAM is the go-to cloud support partner for enterprise brands and their digital teams, providing managed cloud, 24-hour monitoring and full-stack support along with DevOps consultancy.
Bates Wells M&A team was instructed on this mandate 11 days prior to completion. The transaction demonstrates Bates Wells’ capabilities working on complex time-critical international M&A transactions and further highlights our expertise in the technology sector, which continues to be a strong focus for the team.
Sam Booth, Founder and CEO of JAM said “We had to bring the team from Bates Wells in late in the process to help us execute on our timeline and they were excellent from start to finish, we got clear concise advice and they focussed on the critical points and got us what we asked for, I’d absolutely recommend them”
Bates Wells’ M&A team was led by Mark Tasker (Partner and Head of M&A and Corporate Finance team) and supported by Matthew Gearing (Senior Associate), and Edward Reardon (Associate).