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Momentum advises Unity5 on its acquisition of Chipside

Deal Overview

  • Acquisition advice
  • Private Equity-backed
  • GovTech

Momentum Corporate Finance LLP is delighted to announce its latest transaction, having advised Unity5 Limited, a portfolio company of Synova LLP, on its acquisition of Chipside Limited.

 

Unity5, a leading provider of compliance software to the traffic management sector, has announced the acquisition of Chipside, the market leader in Local Authority permitting and enforcement software. The acquisition marks an exciting opportunity to bring together two market-leading companies, combining their expertise to drive innovation and deliver even greater value to customers across the public and private sectors.

 

Combining Unity5’s strengths in private sector parking management solutions with Chipside’s well-established presence in the Local Authority space creates a uniquely positioned Group that offers an unparalleled breadth of expertise and solutions. This expanded portfolio of Products will ensure that customers across the Local Authority and Private markets continue to receive the trusted, scalable, and customer-focused solutions they rely on.

We would like to thank Momentum for their invaluable support on this acquisition. Their clear guidance was a crucial factor in bringing this transaction to a successful conclusion. In addition to their knowledge and expertise, the team at Momentum were great to deal with – we appreciated their tireless work and absolute dedication to the transaction, and their user-friendly approach ensured that they integrated seamlessly into our own team throughout. We would highly recommend them to any business seeking acquisition support.

Oli Pigott, Chief Financial Officer, Unity5

We are proud to have played a part in such an important acquisition for Unity5. The combination of these two innovative businesses is hugely compelling, and their joint expertise will bring even greater value to their customers across the public and private sectors.

We thoroughly enjoyed working with the Unity5 and Synova teams to deliver this transaction and are excited to see what the businesses can achieve together.

Matt Stafford, Director, Momentum

Thinking about a company sale or acquisition? Do not hesitate to get in touch today.

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