Leading supply chain hardware, software and services company Renovotec has acquired 100% of IT service provider Jade Solutions Limited.
Jade Solutions was advised on the deal by law firm Hill Dickinson’s Craig Scott, head of Business Services, and senior associate (corporate) Phil Wallbank, assisted by apprentice solicitor Nick O’Shaughnessy.
Newton-le-Willows based Jade Solutions specialises in the development of IT solutions for high-growth markets such as contactless retail environments. Its customers include Pret a Manger, Marks & Spencer, Nando’s and Bet Fred.
Renovotec is the UK’s fastest growing provider of rugged hardware and the UK’s leading exponent of automatic data capture (AIDC) on rugged and mobile hardware. The company provides solutions for a wide variety of clients in sectors including logistics, manufacturing, haulage, healthcare, ports, retail and residential.
The company’s acquisition of Jade Solutions makes Renovotec the largest consultative company of its kind in the industry, with an annual turnover of in excess of £50 million and more than 160 employees in the UK and continental Europe.
Jade Solutions has built a reputation over 30 years for expertise in developing IT solutions. Its acquisition by Renovotec brings together two complementary businesses so that supply chain customers’ business needs can continue to be met with best-in-class technology. We are delighted to have advised the Sellers on this transaction.Phil Wallbank
Senior Associate
Commenting on the deal, Phil Wallbank said: “Jade Solutions has built a reputation over 30 years for expertise in developing IT solutions. Its acquisition by Renovotec brings together two complementary businesses so that supply chain customers’ business needs can continue to be met with best-in-class technology. We are delighted to have advised the Sellers on this transaction.”