Corporate finance advisor guides on international software company sale

Lincolnshire-based Bishopsgate advised the shareholders of Risk Decisions Group, an Oxford-based company known for developing the “Predict!” suite of software, on its sale to Lumivero, LLC, a data intelligence software company.

Risk Decisions’ Predict! suite provides enterprise-wide risk management software designed to handle risks across projects, programs, assets, operations, portfolios, and strategic business levels.

With operations in the UK, Australia, and Canada, the group serves a portfolio of blue-chip customers worldwide.

The acquisition strengthens Lumivero’s risk-management tools, allowing for better, informed decision-making.

Morgan Atherton, Ed Wesson and Darren Hagen of Bishopsgate Corporate Finance were lead advisors on the deal.

Morgan Atherton, managing partner of Bishopsgate Corporate Finance said: “It’s been an absolute pleasure to support Val and the team at Risk Decisions in this important strategic transaction. Val has built an international, market leading software business in a complex and highly regulated market sector and as such, it attracted the interest of a number of global players in the GRC software space. This was a complex international deal to navigate through and we’re delighted to have steered it successfully over the line.  We wish Val and the team, and Lumivero, every continued success going forward.”

Val Jonas, CEO of Risk Decisions said: “We are very pleased with this new partnership and excited to work with Lumivero going forward to further develop and grow our Predict! software suite into new markets and geographies as demand for sophisticated risk and opportunity management continues to accelerate globally. We are grateful to Bishopsgate for their expertise and guidance in helping us prepare for this important transaction and identifying and securing the ideal strategic acquirer for the group.”