Sale of inspHire Ltd & Current-RMS Ltd to Kerridge Commercial Systems Ltd

BDO.LiveSite.Deals.DealTypeM&A
BDO.LiveSite.Deals.IndustryTechnology & Media
BDO.LiveSite.Deals.SubIndustryTechnology
BDO.LiveSite.Deals.ClientNameinspHire Limited & Current-RMS

BDO acted as lead advisor to inspHire and Current RMS on their sales to Kerridge Commercial Systems. KCS is backed by A-KKR and these acquisitions represents their 8th and 9th bolt-on acquisitions since 2015.

inspHire is a premium supplier of hire management software to European, US and Australian-based companies that rent heavy plant and construction vehicles. Focused primarily on the construction sector, inspHire hold an enviable customer base, servicing large corporates and SME’s with their two core products, Corporate and Office.

Current-RMS supplies cloud based, fully integrated hire management solutions to the AV, production and event industries.

KCS and A-KKR are the ideal partner to provide a springboard to reach new markets and geographies to enable inspHire to achieve their goal of becoming the no.1 global rental management software.

KCS will be investing in the development of the InspHire and Current-RMS products and supporting both companies in their expansion into North America, a growing market for hire software.
 
We are extremely happy with the advice and support we received and there is no doubt that we chose the right advisors for this process. BDO’s hands-on approach, understanding of the market place and international reach was of significant benefit in ensuring a highly competitive process and successful completion.
Steve Butler, Chairman, inspHire & Current-RMS

We are extremely happy with the advice and support we received and there is no doubt that we chose the right advisors for this process. BDO’s hands-on approach, understanding of the market place and international reach was of significant benefit in ensuring a highly competitive process and successful completion.
Steve Butler, Chairman, inspHire & Current-RMS