We have advised the majority shareholders of MyTAG, a global software and property technology company, on the sale of their shares to Kinexio (formerly Mallcomm), backed by Synova.
MyTAG offers solutions for proof of presence, proof of compliance and enhanced security to safeguard people, property and assets. MyTAG’s products will be integrated into Kinexio’s property management platform, a leading enterprise software solution for property management.
The deal has established Kinexio as a market leader in property technology with an expanded suite of innovative software solutions.
We advised the majority shareholders on all aspects of the transaction, including negotiating the sale agreement and ancillary documentation.
Our team was led by partner Tom Macleod and associate Alex Gays, with support from associates Matthew Shannon and Kate Merry. Partner David Scott advised on corporate tax matters. We worked alongside IMAP (International Mergers and Acquisitions Partnership) and Bevan Buckland.
On working with Harbottle & Lewis, MyTAG founder Mike George said: “The Harbottle team were exceptional on this deal throughout. Tom, Alex and the rest of the team guided us through every aspect of the transaction with calm composure. Their industry experience and technical knowledge are second to none and made us feel at ease at every step.”
Commenting on the deal, Harbottle & Lewis partner Tom Macleod said: “It was a pleasure acting for Mike and co on this exit. It is great to see the years of hard work and commitment by Mike rewarded and it will be exciting to see the next step for MyTAG as part of Kinexio.”
