M&A Deal Summary

The Access Group Acquires ProspectSoft

On August 8, 2022, The Access Group acquired software company ProspectSoft from Maven Capital Partners

Acquisition Highlights
  • This is The Access Group’s 1st transaction in the Software sector.
  • This is The Access Group’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2022-08-08
Target ProspectSoft
Sector Software
Buyer(s) The Access Group
Sellers(s) Maven Capital Partners
Deal Type Add-on Acquisition

Target

ProspectSoft

Essex, United Kingdom
ProspectSoft is a provider of customer relationship management and e-commerce software for the business-to-business (B2B) market. Its technology can be fully integrated with clients’ existing accounting and Enterprise Resource Planning (ERP) packages including market-leading systems such as Access Dimension, Exchequer, Pegasus, and Sage. ProspectSoft was founded in 2000 and is based in Essex, United Kingdom.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

The Access Group

Berkeley Heights, New Jersey, United States

Category Company
Founded 1998
Sector Marketing
DESCRIPTION

The Access Group is a provider of marketing and advertising services to pharmaceutical, biotechnology and other health care clients. The Access Group offers pharmaceutical companies specialized expertise and capabilities that define and communicate drug therapies' value proposition to payers; educate the medical community on new drugs; and create and execute strategies that brand and market their products.


DEAL STATS #
Overall 5 of 5
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
Country: United Kingdom M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 Abintegro

London, United Kingdom

Abintegro Ltd. is a provider of career development and digital learning technologies. Abintegro is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Maven Capital Partners

Glasgow, United Kingdom

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2009
PE ASSETS 760M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Maven Capital Partners UK LLP (MCP) invests in lower mid-market companies throughout the UK. The Firm also provides mezzanine financing. MCP focuses on profitable companies with proven track records, balanced management teams, and diverse products and services. Maven looks to invest £2 - £20 million in businesses valued from £10 - £40 million. Sectors of interest include specialist manufacturing, health/pharmaceuticals, energy services, leisure, financial services, software and computer services, communication/IT, chemicals, food/beverage, media, consumer products, and support services. Types of transactions include MBOs, MBIs, BIMBOs, take privates, recapitalizations, and growth capital financings. Maven Capital Partners UK LLP was formed in 2009, following a management buyout of Aberdeen Asset Management's Private Equity division. Maven is based in Glasgow with additional offices in Aberdeen, Birmingham, Edinburgh, London and Manchester.


DEAL STATS #
Overall 62 of 86
Sector: Software M&A 8 of 9
Type: Add-on Acquisition M&A Deals 32 of 40
Country: United Kingdom M&A 60 of 84
Year: 2022 M&A 12 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-08 Boiler Plan

Northumberland, United Kingdom

Boiler Plan is a disruptive platform that sells, installs, and services boilers. The business provides an innovative online platform for the purchase of a new boiler. Boiler Plan was founded in 2014 and is based in Northumberland, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 Maeving

Coventry, United Kingdom

Maeving is a manufacturer and retailer of fully electric motorcycles. Maeving’s RM1 model is a British designed and built electric motorbike aimed at the urban, environmentally conscious commuter. The RM1 combines British heritage styling with the practicalities for every day use including a removable, light-weight battery chargeable from any plug socket and offers the choice of a second battery to extend the range from 40 to 80 miles. Maeving is based in Coventry, United Kingdom.

Buy -