Harbottle & Lewis has advised AIM-listed technology services group TPXImpact Holdings plc (TPX) on its acquisition of Peak Indicators Limited (Peak) and Swirrl IT Limited (Swirrl).
These acquisitions, which completed simultaneously, are strategically important to TPX, strengthening their overall data expertise offering.
Founded in 2008, Peak has built a reputation as a leading data science services and analytics consultancy. Working with UK public and commercial sectors, Peak provides technical skills in data engineering, business analytics, data science and artificial intelligence, whilst maintaining its commitment to people and communities and fostering one of the most gender diverse teams of data scientists in the market.
Cloud-based data consultancy Swirrl focuses on data integration and dissemination in public sector organisations. Its “PublishMyData” platform helps government organisations better manage and distribute their data, encouraging analysts to find, understand and apply data to pertinent issues such as climate change, healthcare and the economy.
Neal Gandhi, Chief Executive Officer of TPX said: “I am delighted to welcome the Swirrl and Peak Indicators’ teams to TPXimpact. With a comprehensive and specialist range of data capabilities now in place, these acquisitions represent another key strategic step forward for TPX in our mission to take on the multitude of complex challenges facing the public and commercial sectors and deliver sustainable digital change”
Corporate partner Charles Leveque commented: “Having advised the company since it was founded, it is a privilege to continue to advise TPXimpact as it continues its remarkable journey of purpose-driven growth“.
On working with Harbottle & Lewis, Leigh Hunter, M&A Director said: “Charlie, Katerina and the team were, as always, excellent in handling these strategically important acquisitions for us“.
Charles Leveque led the team that advised TPX on the transactions with support from Corporate Associate Katerina Capras and trainee Lucy Rice-Mellor. Tax partner David Scott advised on the tax aspects.