Inger Anson and Rachel Turner advised Juriba Limited and its shareholders, Julia Bell, Barry Angell and Iain Fraser, on investment by the Business Growth Fund (BGF). Juriba is an industry-leading, global IT migration software provider with bases in the UK and the US.
The investment represents a key milestone for Juriba in its growth strategy, particularly with plans for further inroads into the US market and potential acquisitions on the horizon.
Rachel Turner said: “We are delighted to have helped Juriba, Julia, Barry and Iain on this investment. As clients, their knowledge of every aspect of the business and their clear and shared plans for the future made our job much easier. We look forward to continuing to work with Juriba on the next exciting phase of its journey.”
Iain Fraser said: “Juriba has been on a strong growth curve, and we needed to find the right partner to help us in the next stage of our company expansion. HCR had the right mix of skills to help us navigate into the world of private equity and delivered a complex deal that enables us to realise our future ambitions. The HCR team were a delight to work with and we look forward to working closely together in the future.”
Shamsher Singh and Murium Rehman assisted on the corporate aspects with Peter Orton advising on employment matters. ICON Corporate Finance and Winslows also advised Juriba and its shareholders.