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Memery Crystal advise AIM-listed SmartSpace Software Plc on acquisition and placing

31/10/2019

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Memery Crystal is delighted to announce that it has advised AIM-listed SmartSpace Software Plc on its acquisition of Australian based Space Connect Pty Limited for AUD 6 million together with a £3.44m placing of new shares.

SmartSpace Software is the leading provider of ‘Integrated Space Management Software’ for smart buildings, commercial spaces and hospitality. This strategic acquisition will accelerate SmartSpace’s growth and will help to facilitate its transformation into a pure play SaaS business.

The Memery Crystal team was led by Lesley Gregory and included Krishen Patel (Director) and Senior Associates Vivian Klaf and Robert Black.

Lesley Gregory (Chairman and Corporate Partner) commented:

“We were delighted to work with SmartSpace Software for the first time on this acquisition, and we look forward to working with them in the future.”

Memery Crystal is a specialist international law firm with extensive experience in the professional services sector, advising on all aspects of public and private mergers, acquisitions and disposals. We are pleased to have been recognised by both Chambers UK and The Legal 500 for our M&A work. For more information, click here.

Source image: SmartSpace Software

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