Acuity Advisors secure strategic investment for PDF software developer, Iceni Technology Limited

Acuity Advisors have successfully concluded a share sale on behalf of Iceni Technology

Selected as exclusive advisor, Acuity Advisors, the independent corporate advisory, have drawn on their unique mid-market expertise in technology, media and telecoms to bring together a strategic investor and Iceni, delivering an outstanding result in a tight M&A environment.

Iceni Technology focus on developing tools and services based around the Portable Document Format (PDF). The company have built a unique portfolio of products with its core PDF technologies which are also used for custom software development projects for clients requiring tailor-made solutions.

“We’re very pleased with the diligence and tenacity that Acuity has shown throughout this process,” commented Simon Crowfoot, director at Iceni Technology. “The extensive and well thought through prospect list that Acuity put together generated a significant amount of interest in the business, and the choices they gave us stretched our thinking. They guided us well through the selection process and ultimately helped us find the best fit for the business.”

“Clients value the bespoke approach we take to their broking needs,” said Acuity partner, Matthew Byatt. “Our work with Simon and the team to understand what Iceni offers, find suitable motivated buyers and negotiate the best price has really paid off, and we’re delighted for them.”

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