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Blog // 13/02/2019

Emulate3D Limited successful cross-border disposal

Business disposals / selling a business

Our Corporate Finance team recently advised on the sale of the entire shareholding in Emulate3D Limited, to US-based manufacturing firm Rockwell Automation Inc (NYSE: ROK), for an undisclosed sum.

With offices in the UK and the US, Emulate3D specialises in the development of bespoke engineering software for virtual commissioning; helping manufacturers to reduce the risks associated with investing in automation. An outstanding company based in Reading, England, the company received the Queen’s Award for Enterprise: Innovation in 2014.

Acquiring the entire stake in Emulate3D Limited provides Rockwell Automation Inc with access to leading-edge, tried and tested software solutions across its global operations, with customers in more than 80 countries worldwide. The technology will be added to its digital design portfolio and will be sold as part of Rockwell Automation’s FactoryTalk DesignSuite.

Led by Mike Grayer, head of the corporate finance team here at Menzies LLP, the team advised Emulate3D on all aspects of the disposal, including its pricing strategy and negotiations leading to its successful completion.

Mike Grayer, head of Menzies Corporate Finance, commented:

Mike Grayer - Menzies Accountant“Located at the University of Reading, Emulate3D has grown to become a world leader in the development of innovative engineering software. Its acquisition by Rockwell Automation Inc is a mark of its success and opens the door to a new chapter in its growth story.

“This transaction is another example of a well-run UK-based tech business being acquired by a significant international buyer recognising a unique opportunity. We look forward to seeing both businesses continuing to thrive in the years to come.”

About Menzies corporate finance

Our broad commercial knowledge and understanding of a wide range of different stakeholder priorities are the defining traits of our corporate finance service.

Our corporate finance team will provide you with director-level advice and support, while working alongside other relevant teams we have at our disposal to ensure that the advice we give encompasses all your needs.

We take a quality driven, proactive and personal approach to advising on transactions. This enables us to provide a high level professional service more often associated with larger London practices, although at a much more cost-effective level.

We complete over 50 deals a year, most of them between £1 million and £50 million but comfortably handle transactions outside this range.

For further details, please contact Mike Grayer, head of corporate finance via email at mgrayer@menzies.co.uk or on +44 (0)207 4651964.

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