Crimson Tide has completed a primary placing and secondary sell-down
Crimson Tide Plc has raised funds to invest in further developing its core product, in a new product aimed at micro/nano businesses and in marketing capabilities.
Crimson Tide are the creators and providers of the mpro5 field service management software platform and service. The company was founded in 1996, originally specializing in telecoms and the development of CRM solutions. It was in 2004 that Crimson Tide established and launched its mpro mobile business solutions, which have now become the company’s sole focus. Crimson Tide has registered offices in the UK and Ireland and the company is a Microsoft Gold Certified Partner.
Oaklins Cavendish’s sister firm finnCap, based in the UK, acted as financial advisor and broker to Crimson Tide, providing the full suite of advice required to complete such a deal and had the broking reach to introduce the right investors to the deal.
Talk to the deal team
Related deals
EQUA Simulation has been acquired by Glodon Company Limited
The private shareholders of EQUA Simulation AB have sold the company to Glodon Company Limited through its Finnish subsidiary MagiCAD.
Learn moreNavita has been sold to Enghouse Systems
Oria Capital has sold its portfolio company Navita to Enghouse Systems Limited.
Learn moreTotal Design has been acquired by M80 Partners
Total Design, a Netherlands-based creative and technology agency specialized in digital design, branding and communication, has been acquired by M80 Partners, a Belgium-based private equity firm. M80 is building a portfolio of best-in-class specialists in the field of digital transformation and in this platform, Total Design is given an integral role from its digital branding, communication and technology disciplines.
Learn more