Sopheon plc

Cavendish is delighted to announce the successful completion of the acquisition of Sopheon plc by IOps Buyer Inc., a wholly-owned subsidiary of Wellspring Worldwide, a portfolio company of Resurgens Technology Partners.

The deal valued Sopheon at £115 million and carried a 104% premium to Sopheon’s pre-announcement share price. Sopheon has been a long-term client of Cavendish and showcases Cavendish’s dedication to achieving outstanding results for our clients in complex transactions involving cross-border, public M&A transactions and our deep sector experience in tech and transactions involving financial sponsors.

Carl Holmes, Corporate Finance Director at Cavendish:

“This acquisition marks a significant milestone for both Sopheon and Wellspring, representing a convergence of shared vision and complementary strengths,”

“While it’s a proud moment for all involved, it’s also with a tinge of sentimentality that we bid farewell to Sopheon as a long standing client of the firm since 2011. Their journey and growth have been remarkable, and we’re privileged to have played a small part in it. We look forward to witnessing their continued success.”