Business News

Project Cadwell

Published by
TBM Team

Submission Date: 05/11/19

Completion Date: 31/10/19

Target:­­ Cloud Optics

Acquirer: Livingstone Technologies

Deal Value: Confidential 

Deal Description: Transcend Corporate, the Thames Valley, Birmingham and Hong Kong based corporate finance advisers, has advised the shareholdes on the sale of Cloud Optics (“Cloud Optics”) to Livingstone Technologies (“Livingstone Group”) a business backed by Global investment firm The Carlyle Group, for an undisclosed sum.  A Transcend Corporate team, led by Partner, Steve Bartlett and assisted by colleague Tom Nash, acted as lead advisers to the shareholders of Cloud Optics. 

Funding: The Carlyle Group 

Corporate Finance Advisers: Transcend Corporate 

Legal Advisers: Osborne Clarke LLP 

Financial Due Diligence: Deloitte LLP

TBM Team

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