Mishcon de Reya has advised ECI Software Solutions, a leader in cloud-based business management solutions and long-standing client of the firm, on its recent acquisitions of FusionPlus Data Limited and EvolutionX Holdings Limited, in connection with ECI’s wider acquisition of the ES Tech Group.
UK-based ES Tech Group developed an eCommerce platform for markets including industrial, business supplies, electrical, medical supplies and more, and operates a growth agency specialising in marketing and catalogue development to help businesses capitalise on traditional and digital sales channels. ECI’s latest acquisitions expand its existing eCommerce portfolio and builds upon its investments in the digital economy.
Gordon P. Kushner, SVP and General Counsel for ECI Software Solutions, commented: "It was great to work with the team again on these two strategic acquisitions to further expand our footprint in the UK. We value their commercial approach to our M&A strategy, helping us get deals done faster and with less challenges.”
Adam Bradley, Corporate Partner, who led the Mishcon de Reya team alongside Ammar Thair, Corporate Associate, said: “It has been great to close another strategic deal for ECI and to see yet more investment in the UK by a successful US group, who clearly continue to see the value in this market .“
Adam was assisted by Jessica Domingos Pinto, Employment Associate, and Gary Richards and Stephen Elhabbal from the Corporate Tax team.
Disclaimer: This deal took place in 2022 when the deal team were at Taylor Vinters LLP, which merged with Mishcon de Reya in January 2023.