M&A Deal Summary

Hublsoft Acquires iPortalis

On November 22, 2022, Hublsoft acquired internet software and services company iPortalis from NorthEdge Capital

Acquisition Highlights
  • This is Hublsoft’s 1st transaction in the Internet Software and Services sector.
  • This is Hublsoft’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2022-11-22
Target iPortalis
Sector Internet Software and Services
Buyer(s) Hublsoft
Sellers(s) NorthEdge Capital
Deal Type Merger
Advisor(s) KPMG Corporate Finance (Financial)
Muckle (Legal)

Target

iPortalis

Harrogate, United Kingdom
iPortalis is a cloud services specialist. iPortalis helps international businesses aggregate their diverse solutions so that all technology purchasing, deployment and license & asset management functions can be handled by IT teams via a single pane of glass. iPortalis was founded in 2004 and is based in Harrogate, United Kingdom.

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Buyer(S) 1

Buyer

Hublsoft

York, United Kingdom

Category Company
Founded 2019
Sector Internet Software and Services
DESCRIPTION

Hublsoft is a scalable SaaS platform that simplifies the analysis of big data, filtering options in natural language and intuitive infographics for ease of use. Hublsoft was founded in 2019 and is based in York, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Merger) 1 of 1
Country (United Kingdom) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

NorthEdge Capital

Manchester, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 900M GBP
Size Large
Type Sector Agnostic
DESCRIPTION

NorthEdge is a lower mid-market buy-out and development capital investment firm focused on investing in the Northern part of the UK. NorthEdge looks to commit £2 to £50 million in companies generating at least £5 million revenue and £0.5 million in profits. NorthEdge does not have any stated sector preferences and seeks to work alongside ambitious management teams when pursuing transactions. The Firm launched its firms fund in 2011 and has offices in Manchester and Leeds.


DEAL STATS #
Overall 16 of 23
Sector (Internet Software and Services) 1 of 2
Type (Merger) 1 of 1
Country (United Kingdom) 15 of 22
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-06 Friend MTS

London, United Kingdom

Friend MTS is a company dedicated to innovation in content and platform security. Friend MTS provides content owners, broadcasters and operators with advanced security and platform protection solutions, including network threat intelligence, forensic watermarking and global media discovery optimised with automated content recognition. Friend MTS was founded in 2000 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-20 Arthouse

Rossendale, United Kingdom

Arthouse is a provider of wall coverings and home decoration products in the UK, supplying to major retailers including B&Q, B&M, Wilko and Homebase. Arthouse is based in Rossendale, United Kingdom.

Sell -