Mishcon de Reya’s Private Equity team has advised shareholders and management on the sale of their equity interests in MailManager Limited, an email management solution provider, to Ideagen Plc.
The team at Mishcon de Reya included Nadim Meer, Joana Santos, Alex Green, Destiny Okongwu, Greg Campbell, Adam Rose, John Skoulding, John England and Gary Richards.
MailManager was developed by global built environment consultancy Arup a decade ago, when the firm identified mail management as a critical challenge to the industry. It has been run as a separate business since 2016. Arup will remain a MailManager customer.
Nadim Meer, Head of Private Equity at Mishcon de Reya, commented: "Every once in a while you have the good fortune to work on a deal such as this. Arup is a best in class organisation, who backed a best in class manager, Stuart Rowe, to transform MailManager. Together with Commercial Director Jacob Wardrop they built a fantastic business and found the perfect buyer for it. Having known Stuart for over a decade it was especially satisfying to help him and Arup complete this particular journey."
MailManager is an email management solution that helps businesses manage emails more efficiently and significantly improve control, collaboration and compliance. Its software is designed to integrate into clients’ existing IT infrastructure to help file and search critical correspondence so as to benefit productivity, ensure information visibility and accessibility, and to mitigate risk. MailManager’s clients span a broad range of mid-market to enterprise accounts, and it has a particularly strong footprint in the architecture, engineering and construction sector.
Stuart Rowe, CEO of MailManager, commented: "This is a transformational acquisition for Mail Manager. We are delighted to be joining Ideagen, a company we know will enable us to accelerate our growth. In complex transactions like this, the support of good lawyers is so important, and ours have been great! Thank you Nadim, Joana and the rest of the Mishcon team for your vital guidance, advice and insights. We look forward to working with you again."