Hay & Kilner advise Indigo Software shareholders on sale to Aptean Inc
Hay & Kilner has advised the shareholders of Indigo Software on its sale to USA headquartered Aptean Inc, a global provider of industry-specific software, for an undisclosed sum.
Founded in 1980 and based in Belmont Business Park in Durham, Indigo Software provides specialist warehouse management and supply chain software solutions designed for manufacturers, wholesalers, distributors, retailers and third-party logistics companies.
With significant industry expertise in the food and beverage, fashion, automotive and chemical sectors, Indigo’s integrated platform provides users with real-time visibility and management, from receipt of stock, to final product dispatch, enabling its customers to optimise a wide range of warehouse operations. Its clients include Greene King, Puma, Regatta, Tommee Tippee and Walkers Shortbread.
Hay & Kilner’s Corporate Team provided legal advice to Indigo’s shareholders, led by Mark Adams, and supported by Ben Jackson, Lydia Sevenoaks, Nicola Tiffen and Sarah Furness.
Darren Baxter, CEO at Indigo Software, said:
“Aptean shares our commitment to delivering best in class supply chain solutions and we are thrilled to join the Aptean family. Together with Aptean, we are excited to offer our customers even more solutions to help streamline their warehousing operations.”
Duane George, President of EMEA and APAC at Aptean, said:
“The Indigo Software platform delivers an integrated suite of purpose-built solutions designed to handle even the most complex warehousing operations. We are thrilled to welcome the Indigo Software team and customers to Aptean.”
Mark Adams, Corporate Partner at Hay & Kilner, commented:
“We were delighted to advise a longstanding client on this transaction, and it was an absolute pleasure acting for the Indigo shareholders - it’s fantastic to see the success of a North East company being recognised. The deal is yet another example of the region’s impressive output in the software sector and will, I’m sure, compliment and support Indigo’s and Aptean’s ambitious plans to deliver worldwide premier supply chain solutions. We wish them all the very best for the future.”
Specialist tax advice was provided to the Indigo shareholders by RSM’s Newcastle office. Aptean Inc were advised by Skadden, Arps, Slate, Meagher & Flom LLP’s London office, Deloitte and Ernst & Young.
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