Squire Patton Boggs has advised data management firm Infoshare on its acquisition by investor Omni Partners. The transaction, alongside the acquisition of two key software solutions from the Chartered Institute of Public Finance and Accountancy (CIPFA): AssetManager.net (an advanced asset management platform) and CIPFAStats+ (an interactive data analysis tool), form the foundation of the rebranded Infoshareplus, an organisation that aims to transform government technology (govtech) services in the public sector.
The Corporate team advising Infoshare was led by Harry Hobson and included Mae Salem, Paul Mann, Josh Lodge, Emma Perez, Sarah Hardman and Chetan Mistry.
Founded in 1996, Infoshare enables public sector organisations to create a ‘golden record’ by cleaning and matching large volumes of data from multiple sources to provide an accurate single view of customers’ data. Infoshare’s client roster includes the Metropolitan Police, Royal Mail and many local authorities.
Infoshareplus is the first step in Omni’s strategy to create an innovative, scalable software and data platform dedicated to enhancing public sector decision-making and service delivery. Infoshareplus will help local government and other public sector clients (such as blue light) improve service efficiency, data accuracy, asset management and performance benchmarking, as well as produce data analytics and insights.
Commenting on the advice received from Squire Patton Boggs, Pamela Cook, CEO at Infoshare, said: “Squire Patton Boggs was superb during the transaction. The team’s efficiency, professionalism and timeliness led to a successful close on time and within budget.”
“A special mention to Harry Hobson who worked tirelessly with his colleagues to get this over the line. A further mention goes to the wider team who were able to translate legal speak so that I knew and understood their advice and guidance. Squire Patton Boggs proved the perfect partner to navigate me through the tricky waters of this process and I am very grateful that they were on my side.”