Cameron Barney advises Inatech on the sale of its Oracle Managed Services Business
Cameron Barney acted as financial adviser to Inatech.
Press Release January 2016
Cameron Barney is pleased to announce that it acted as financial advisor to Inatech in the sale of its IT Managed Services Business to Enrich LLC for an undisclosed sum.
Headquartered in London and a subsidiary of Glencore, Inatech is a leading international provider of cloud-based software to the oil trading, shipping and bunkering sectors. Its platinum Oracle Managed Services Business was viewed as non-core to that strategic purpose, so Cameron Barney was appointed to conduct a formal sale process.
Jean-Herve Jenn, Chief Executive of Inatech said: “The proceeds from this transaction will enable Inatech to accelerate the development and market adoption of its Shiptech,Bunkertech and Techoil software. Cameron Barney was instrumental in identifying, negotiating and bringing to completion a complex deal with an overseas buyer. They did an excellent job.”
Peter Norris, Partner of Cameron Barney, commented: “We are really pleased to have advised Inatech on this transaction and look forward to supporting the Company as it pursues the next stage of its exciting development through expanding its presence in its chosen markets.”
About Cameron Barney
Cameron Barney is an independent merchant bank providing finance, M&A advice and general corporate finance services to companies and investors. The firm draws on the extensive experience of its partners in investment banking, operational management and fund management.
Cameron Barney is authorised and regulated by the Financial Conduct Authority.
For further information please contact:
Cameron Barney LLP
Brian Robertson +44 7710 094 125
Charles Cameron +44 7785 292 019
The proceeds from this transaction will enable Inatech to accelerate the development and market adoption of its Shiptech,Bunkertech and Techoil software. Cameron Barney was instrumental in identifying, negotiating and bringing to completion a complex deal with an overseas buyer. They did an excellent job.Jean-Herve Jenn
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