Momentum advise on the sale of Purple Secure Systems

Deal Overview

Lead advisory
Software & technology
Sold to trade player

Momentum Corporate Finance has advised the shareholders of Purple Secure Systems Limited (“Purple”) on its sale to CACI Ltd (“CACI”), for an undisclosed sum.

Founded in 2006 by David Harris and Jez Williams, Purple is an expert provider of high quality agile systems and software for National Security, Defence and Government organisations.

Purple will form part of CACI’s IT solutions business which provides systems integration, software applications and consultancy services, from data integration, web reporting and mobile working to telecom support systems, online transactional solutions and case management systems.

We were delighted with the advice we received from the team at Momentum. The involvement of senior experienced resource at every stage of the transaction made a huge difference. We would not hesitate to recommend Momentum to any business owners considering the sale of their business.

Jez Williams, Chief Operating Officer of Purple

We are very pleased to have advised the shareholders on the successful sale of the company. There is an excellent strategic fit between the businesses and we strongly believe that CACI will be a supportive owner for the company and its people going forward.

It was a pleasure working with the team at Purple and we wish them every success in their future development and growth as part of CACI.

Alastair Boorman, Partner at Momentum Corporate Finance