by Brad McAvoy
Partner
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3 October 2024
Press Releasesby Brad McAvoy
Partner
Our Corporate Finance team recently provided financial & tax due diligence assistance to Axiom Equity backed Joblogic, a field service management (“FSM”) software provider, on its acquisition of long-term competitor Clik Software Ltd (“Clik”).
Having advised Axiom on their initial investment in Joblogic, this is the second acquisition James Cowper Kreston Corporate Finance have now advised Axiom and the Joblogic team on. They also advised on Joblogic’s acquisition of Protean Software in 2023.
Joblogic's chief executive James Whatmore said: "The acquisition of Clik is a strategic step that aligns perfectly with our plans to expand in the UK FSM market. We pursued this deal for a number of reasons, including our aim to grow the team by attracting top talent and our deep respect for Clik's accomplishments. Their team is experienced, shares our values, and aligns well with our company culture."
Paul Snowden, Clik's Founder & Managing Director, commented: "I'm extremely excited about the merger, as it allows Clik to become part of the largest FSM software solution provider in the UK, bringing innovative cloud software to our customers, whilst also adding more development resources to our existing products.
We share common values and together we hold decades of expertise in the FSM and certification software marketplace, giving us collectively a very strong portfolio of both products and services to offer existing and future clients.”
Brad McAvoy, Corporate Finance Partner at James Cowper Kreston said: “We were delighted to work with the team at Joblogic on another acquisition. The deal positions the group as the largest provider of field service management solutions in the UK and is an exciting step in their growth journey.”