Specialist software provider acquired by global IP leader
Leeds-based Equinox has been acquired by Questel, a legal technology company headquartered in France.
Founded and operated in Leeds since 2006, Equinox provides software for intellectual property law firms across the world. The company has grown in recent years, supplying almost 250 organisations in 25 countries.
Questel’s services encompass the entire innovation and intellectual property life cycle. Equinox, as a provider of an intellectual property management system, will form a key part of Questel’s international provision.
Equinox has been advised by Ward Hadaway, Ahead Business Consulting, and Azets. By joining Questel, the firm hopes to grow its international market share even further.
Charles Besson, CEO at Questel, said: “Equinox is experiencing strong traction in Europe and we are looking forward to bringing this state-of-the-art solution to law firms around the world.
“Alongside this acquisition, Questel is on track to become the global leader in the IP Management System market.”
The Equinox team is comprised of tech professionals from a variety of disciplines with development, data management, and support specialists. The business will continue to operate in Leeds and maintain its full team.
Sam Nicholson, managing director of Equinox, said: “Questel is an ideal organisation for us to join and we’re excited to share knowledge and resources as we continue to grow internationally.
“We’ve already carved a strong presence in the global IP tech market and by leveraging the technology and services of Questel we expect to better establish ourselves as a market leader while expanding what we can offer to our subscribers.
“We’ve worked closely with the Questel team and we’re confident we share the same core values. Both organisations take a tech-first approach to IP software, bringing together innovative thinking that will develop advanced, industry-leading solutions.”
He added that with over 20,000 organisations in 30 countries relying on Questel solutions, Equinox now has access to a huge new market.