Jamieson is pleased to announce that it has advised the management team of Ten10 on its acquisition by Graphite Capital from Livingbridge.
Ten10 is a leading quality engineering and software consultancy in the UK. Ten10 employs around 300 staff across offices in London, Leeds and Raleigh, North Carolina, USA, and has a large and diversified customer base of approximately 100 mid-sized and blue-chip organisations across the financial services, retail, legal and public sectors. Ten10’s services help customers manage the commercial and financial risks involved in developing, implementing, upgrading and integrating software to enable them to comply with regulatory change, support business growth, increase customer satisfaction and reduce costs.
“It was extremely important to the management team that we received professional advice. The Jamieson team instilled a high degree of confidence from the outset and at all stages thereafter. They were responsive 24/7 and their work enabled us to achieve a very challenging timescale whilst maintaining a very positive relationship with our new investor. This contributed to an outcome which all parties are happy with.”
Chris Shaw, CEO
The Jamieson team of Tom Burton, Jonny Jones, and Frans Robyns advised the Ten10 management team on their reinvestment in the new structure as well as the terms of the new management equity incentive.