London – 8th June 2021 – WTA is pleased to announce the sale of its client Oosha Limited, to Access Legal an operating division of Access Group, one of the UK’s leading providers of software to the mid-market.
Founded in March 2009, Oosha is a provider of cloud, hosting and managed IT services including Managed Desktop, Azure Migration and Microsoft 365. The company focusses on the legal sector but also serves accountants and other professional services businesses. Its seventy staff support over 120 customers.
From the beginning of the year WTA worked closely with the company’s directors and key shareholders especially Steve Burgwin, Chairman and Matthew Newton, joint managing director as the exclusive M&A advisor.
Matthew Newton, reflecting on the experience said:
“The role WTA partners played in helping the Oosha board work through the various exit strategies available to the key shareholders was absolutely crucial in reaching the extremely successful outcome for everyone involved. With four main shareholders all looking for differing results from the process, it was key that the advisor we engaged had the experience and personality to advise at both an individual and collective board level so that the process was not only successful, but also managed sensitively ensuring the personal and professional relationships remained positive throughout.”
“WTA’s team’s key asset is “experience”. This level of experience ensured we were well advised and educated during this, the shareholders’ first company exit, and also gained them the immediate respect and trust both of the Oosha team and the prospective buyers they engaged with on our behalf. With a reputation for doing things the right way, this was important to the Oosha board.”
“All in all a thoroughly enjoyable engagement, done with great calmness, good humour and professionalism of the highest order.”
Jeffrey Jenner, WTA’s Partner leading the firm’s Cloud Services practice added:
“This transaction once again reinforces WTA as the lead specialist in the mid-market Cloud Services sector and demonstrates its ability to work effectively and efficiently with clients: we tailored the go-to-market phase to meet our client’s wish to keep the time scale to a minimum ensuring any distraction caused by the process to be lessened.
Access Legal, launched in April, has a clear vision to create a first-of-its-kind digital workplace; a comprehensive suite of software solutions and services as a single sign-on, single vendor, single solution.
For more insight on this transaction, a case study can be read here