Hazlewoods advise Inspirit Capital on acquisition of Landmark Solutions

Gloucestershire-based Hazlewoods' Corporate Finance team have advised investment firm, Inspirit Capital, on its upcoming acquisition of Landmark Solutions.

Landmark Solutions specialises in designing, building and maintaining complex platforms and analysing geospatial data, (information relating to specific locations), for public and private sector organisations.

Founded in 2002, the high-tech Exeter-based company has been active in developing its Software-as-a-Service (SaaS) and Data-as-a-Service (Daas) solutions, and expanding by adding software development, consultancy, and cloud-based data hosting over the years.

The business is being sold by a division of Landmark Information Group, which is owned by Daily Mail and General Trust Plc.

Rich Grover (pictured), Associate Director at Hazlewoods, said: "It was a pleasure to be able to help Inspirit Capital with their latest transaction and we wish everyone involved a very prosperous and successful future."

Landmark Solutions will be rebranded by Inspirit Capital, who focus on acquiring UK-based business with growth potential.

Albert Farrant, founding Partner at Inspirit Capital, said: “Chris Brackley and his team have built an outstanding business that has consistently won large data contracts despite competition from global diversified technology conglomerates.

"We believe that Landmark Solutions is very well positioned to take advantage of the significant opportunities that exist in the market and are excited about partnering with the business as it embarks on this next stage in its journey.”