Cameron Barney advises the shareholders of Saaspoint on the sale of the company to Appirio

December 2011

Cameron Barney LLP is pleased to announce that it acted as exclusive financial adviser to the shareholders of Saaspoint Ltd (“Saaspoint” ) in the sale of the Company to Appirio Inc of San Mateo California for a combination of cash and Appirio stock.

Saaspoint, which was established in 2005, is one of Europe’s leading developers and integrators of cloud computing solutions for enterprises. Saaspoint has executed over 1,100 SaaS projects for Amazon, Google, Heroku and salesforce.com for more than 100 customers including British Gas, Citylink, Paypal, Pfizer, Proctor & Gamble and Rentokil. Saaspoint’s shareholders included its founders, employees, salesforce.com and Enterprise Ireland.

As a result of this acquisition Appirio, which is one of the largest independent integrators of cloud computing solutions, has established a strong base for its European expansion.