Ellisons’ Corporate team were delighted to advise the exiting shareholders of Systematics International Limited (“Systematics”), in connection with the sale of Systematics to Kynetec UK Limited.

Based near Chelmsford, Systematics is a multi-award-winning global software development, data gathering and data analytics business who aggregate and report machinery volume statistics for world-wide closed and open data exchanges. For further information please refer here and here.

Following the sale, clients Christine and Manuel Bhatt said: “This was our first time working with Ellisons and considering that we had made an important decision of selling Systematics after much consideration and soul searching, Paul Forsyth and his team made us feel at complete ease and gained our trust pretty much straight away.

Paul was a real pleasure to work with and his ability to grasp and explain complex issues was exemplary along with the sound and unbiased advice he provided us with, throughout the transaction. In turn this enabled us to make informed and satisfactory decisions not only for ourselves as business owners, but also for our team and the wider business. Thank you for your patience and professionalism, Paul.

Both Abigail Williamson and Stephanie Lems provided us with an excellent client experience, responding to all our queries in record times and always there to support us through the vast and complex documentation, thank you both, an absolute pleasure to work with.

We have no hesitation in recommending Ellisons to anyone looking for corporate advisory services.”

Corporate & Commercial Partner, Paul Forsyth, who led the team at Ellisons, said: “It was a pleasure to work alongside Christine, Manuel and Mark Brooks of Rickard Luckin on this deal. It is always great to help clients on an exit in respect of a business they have worked so hard to build up from scratch.”

Paul Forsyth was assisted throughout the transaction by Associate Solicitor, Abigail Williamson and Trainee Solicitor, Stephanie Lems.

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