Access Intelligence plc acquisition of Solcara Limited

HMT were delighted to act for Access Intelligence plc (“Access”) on their acquisition of Solcara Limited (“Solcara”) a network services reseller.

Solcara is a market leading search and information management company that has developed core technologies enabling the development of software applications, which address the need to search, identify and analyse ever expanding volumes of information. Solcara currently has four product offerings, covering legal and professional firms, information access, media relations and crisis management. Their range of blue chip clients, both in the public and private sectors, includes companies and organisations such as DEFRA, VISA Europe, Clifford Chance, AstraZeneca, United Utilities and Thomas Cook. The acquisition compliments Access’ focus on ‘software as a service’ and provides a number of cross-selling opportunities with other group companies.

Michael Jackson, Access Intelligence’s Executive Chairman, commented:

“We were delighted with HMT’s speed and professionalism and look forward to working with them in the future.”

Andrew Thomson commented:

“We were delighted to act for Access and believe that the acquisition of Solcara provides Access with an exciting opportunity to continue its success in an evolving sector.”