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
Tekova Oyj has completed a technical listing on the Nasdaq First North Growth Market Finland
Tekova Oyj has successfully completed a technical listing (IPO) on the Nasdaq First North Growth Market Finland. This transaction marks a significant milestone in the company’s growth strategy, enhancing its visibility and access to capital markets.
Learn moreBayer AG has entered into a takeover agreement with Cara Care
Bayer AG, renowned for its advancements in healthcare and life sciences, has finalized the acquisition of Cara Care (HiDoc Technologies GmbH), which entered debtor-in-possession proceedings in October 2024. Cara Care, an innovative digital health platform and official DiGA, aligns perfectly with Bayer’s strategic focus on digital health and the expansion of its innovative solutions portfolio. The transaction is expected to close in Spring 2025.
Learn moreDuke Capital Limited has completed a fundraising
Duke Capital Limited has completed a successful fundraise, securing US$29.8 million (£23.5 million) through a placing and retail offer on the Alternative Investment Market (AIM). This milestone will further enable Duke Capital to continue its innovative approach to alternative financing solutions for small and medium enterprises (SMEs) across the UK and Europe.
Learn more