The corporate and commercial teams in the Birmingham office of law firm Shakespeare Martineau have advised on a major med-tech deal.
The transaction saw the sale of Chameleon Information Management Systems to global software provider Civica for an undisclosed sum.
Established in Rickmansworth, Hertfordshire in 1996, Chameleon Information Management Systems is the developer of InfoFlex – an information management software tool, dedicated to managing and improving patient pathways within the NHS.
By acquiring the company, Civica will be able to extend the platform’s reach to its international client base.
Led by corporate partner Keith Spedding, and Andrew Hartshorn, Shakespeare Martineau’s commercial, corporate, property and employment teams advised the selling shareholders on the legal aspects of the deal, while specialist corporate finance firm, Regent Assay, supported on corporate finance.
Civica was represented in legal matters by Stephenson Harwood.
Andrew Hartshorn, commercial partner at law firm, Shakespeare Martineau, said: “Having worked with Chameleon Information Management Systems for over 15 years, it was great to support the team in achieving this major milestone. Civica is the ideal buyer for the company and this transaction will help to catapult the InfoFlex platform into the global healthcare marketplace.”
Marc Warburton, chief executive at Chameleon Information Management Systems Limited, said: “The sale to Civica will allow us to take InfoFlex to the next level and we look forward to seeing the business go from strength to strength.”