Private equity-backed software firm swoops for counterpart
Badger Software has been sold to Nottingham- and Glasgow-based specialist intelligence and investigation software provider Altia in a deal backed by private equity house NorthEdge.
Altia supplies government departments and law enforcement agencies across 18 countries, including the UK, US, Canada and Australia, and was awarded a Queen’s Award in Enterprise for International Trade in 2021.
Badger Software develops covert and overt solutions for UK and international law enforcement, as well as the commercial sector. The business’s core proposition, CLIO (Central Logging of Intelligence Operations), provides market-leading software for managing critical incidents and civil emergencies, as well as covert operations, and was jointly developed with the UK police and emergency services.
As part of the acquisition, Badger Software founder and MD, Rob Brigham, will join Altia as head of crime in Action Solutions.
Rob Sinclair, CEO of Altia, said: “We want to continue to create the latest cutting-edge software that will transform the way the public and private sector tackle investigations. The addition of CLIO software complements our proposition perfectly and supports us toward these ambitious plans, helping us expand into the critical incident management space.”
Kevin O’Loughlin, director at NorthEdge, added: “Badger represents Altia’s third acquisition since our investment and is the eighth bolt-on acquisition in the NorthEdge portfolio in the last twelve months. This acquisition is another important milestone for Altia on its journey to becoming the leading global provider of end-to-end intelligence and investigation software for the public and private sector.”
Browne Jacobson (Gareth Davies) advised on the deal.