Multiple deals completed for YFM Private Equity Limited

Our corporate team completed two deals for independent private equity business YFM Private Equity Limited in October 2019.

The first deal we advised on was a £4.5m investment in SharpCloud Software Limited to support the continued growth and roll out of its enterprise SaaS product.

SharpCloud provides powerful top-down software tools that allow large organisations to visualise complex data across siloed lines-of-business. Since its launch in 2012, SharpCloud has seen rapid growth, with organisations ranging from Rolls Royce to the US Federal Government using the product to unlock key insights and support executive decision making.

The second deal was an investment into Professional Music Technology Limited (PMT) to assist its acquisition of S&T Audio Limited.

Founded in 1991, PMT is the UK’s leading multi-channel retailer of musical instrument and professional audio products. The business operates through 15 stores in the UK, employs over 200 staff and generates revenue in excess of £40m per annum.

Chris Reed commented: “We are pleased to have advised YFM on these deals, providing straight talking legal advice right from the outset. It’s been a super team effort from everyone involved across a number of offices.”