Cattaneo Corporate Finance has advised the management team of Guidesmiths on their rollover investment as part of the £12.3m acquisition of Guidesmiths by DCSL Software, backed by Queens Park Equity.

London-based Guidesmiths is a software development and digital transformation company with capabilities ranging from large scale digital transformation, team augmentation, delivery of discrete Agile projects and creating world class bespoke software using complementary tech including, but not limited to, Microsoft .NET, Power BI, React and Node.js. The company’s capabilities also include DevOps proficiency and deployment on Azure and AWS.

DCSL Software, based in Farnborough and London, is a multi-award-winning software development and digital transformation specialist firm serving the corporate, SME, not-for-profit, government and funded start up market. Queens Park Equity invested in December last year to support DCSL’s ambitious plans for organic and acquisitive growth in the UK and overseas.

Cattaneo reviewed the terms on which the Guidesmiths management team were being asked to reinvest and guided them through the process, benchmarking to market norms and providing support on discussions with the other parties and advisers in the process.

Commenting on the process, Managing Director of Guidesmiths Mike Newall said:

“Cattaneo were recommended to us and throughout the process they provided a crucial sounding board for my team. Their experience and knowledge of the process and market norms was of great value, giving us the comfort we sought and helping us to assess the opportunity to rollover into the combined entity where we look forward to playing an important part in the future success.”