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Rickard Luckin advised on the sale of software solution provider

18/01/2023

Rickard Luckin advised on the sale of Qudini to Verint  (NASDAQ: VRNT), The Customer Engagement Company®, based in Melville, New York.

Founded in 2012 by Imogen Wethered and Fraser Hardy, Qudini, which has offices in London, New York and Sydney, is a market-pioneering retail choreography software solutions provider.

The Rickard Luckin team was led by Mark Brooks  (Corporate Finance) and was assisted by the Payroll and Corporate Tax Advisory Teams.

Talking about the transaction, Mark Brooks, Head of Corporate Finance and Director at Rickard Luckin said: “It was a pleasure to advise the owners of Qudini on the sale of the company to Verint. Rickard Luckin has had the pleasure of supporting this client from a pre-revenue start up to growing the business to the point of a successful exit for its investors.”

Dean McCormack , Accounts Associate and Relationship Lead at Rickard Luckin, added: “We have supported our client Qudini, a retail technology scale-up company, for many years dealing with the company compliance for accounting, tax and payroll needs. In that time, I have seen Qudini grow under Imogen’s and Fraser’s stewardship and look forward to watching the company continue to thrive in its new chapter.”

Imogen Wethered, former CEO & Founder of Qudini, said: “Having worked with the team at Rickard Luckin for a number of years, we knew that we were in safe hands when the offer came in from Verint. We’ve had incredible support from the first moment that the offer was received enabling us to navigate the sale process with confidence with the team providing all the necessary information at incredible speed in order to close the deal.”

Rickard Luckin worked alongside Blick Rothenberg, Orrick, Herrington & Sutcliffe LLP and Atlas Technology Group LLC advising on the sell-side of this deal.

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Corporate Finance Director | Chelmsford
 

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