January 2016: Cameron Barney advises Inatech on the sale of its Oracle Managed Services Business
Cameron Barney advises Inatech on the sale of its Oracle Managed Services Business
January 2016
Cameron Barney acted as financial adviser to Inatech.
Cameron Barney is pleased to announce that it acted as financial adviser 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.
“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.”
“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.”
