Sopheon has been acquired by Wellspring Worldwide
The shareholders of Sophean plc. have sold the company to Wellspring Worldwide.
Sopheon is a global enterprise software and services company focused on delivering InnovationOps. It has offices in Denver and Minneapolis in the US. The company also has operating units in the UK, Netherlands, Germany and Australia.
Founded in 2003, Wellspring provides open innovation software to identify, evaluate and share knowledge assets. Its solutions are used by over 500 organizations every day for tech scouting, corporate venturing, licensing and intellectual property management. Wellspring’s clients include Fortune 500 companies, SMEs, hospitals, government agencies and universities.
Oaklins Cavendish, based in the UK, acted as sell-side advisor in this transaction.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn moreLargest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn more