May 2024
Clixifix
Adviser to Clixifix on their sale to SmartCraft ASA
£undisclosed
Grant Thornton team
Technology
Sell side
Corporate finance
Norway
Flag of the United Kingdom

We are delighted to have advised Clixifix on their sale to SmartCraft ASA

Founded in 2012, Clixifix provides a software as a service platform for the construction sector, empowering aftercare teams to deliver more efficient defect management and repair services. Clixifix has seen impressive growth in recent years and secured a strong pipeline of opportunities to deliver further growth.

The shareholders engaged us to help realise value expectations whilst bringing on board a strategic partner to support the expansion of its offering, both domestically and internationally.

Our team focussed on ensuring the ambitions and objectives of all stakeholders were at the forefront, throughout the transaction. As such, we spent significant time at the outset to prepare the business and plan the process accordingly.

We developed a close working relationship, operating as an extension of the management team and building a deep understanding of the business. This allowed us to position the business in the most appropriate way to a selection of relevant parties. 

We approached parties who had the most strategic fit with the business, to ensure the best future growth potential for the business and drive competitive tension. 

Our up-front preparation, and early financial analysis also enabled an efficient due diligence process, minimising disruption in the business. The team project-managed the sale process from start to finish, providing invaluable shareholder support and leading negotiations to ensure all stakeholder objectives were met.

Our industry knowledge and transaction expertise delivered a fantastic outcome for shareholders in an efficient manner. Furthermore, the deal provides a strong strategic fit and will allow both Clixifix and SmartCraft to drive additional growth going forwards.

 

The Grant Thornton team provided fantastic advice and support over the course of the transaction. We fully appreciate the high-quality project management and communication during a very efficient and smooth process. The whole Grant Thornton team were extremely genuine from the very first meeting. They have done everything they said they would do and kept their word throughout.
James Farrell CEO, Clixifix