Charles Russell Speechlys advises long standing client SPS on its acquisition of Cleardata
min readCharles Russell Speechlys has advised long standing client SPS on its acquisition of Cleardata, a UK-based specialist in archive storage, document scanning, document management, digital mailroom and automated document processing services.
Charles Russell Speechlys has advised long standing client SPS, a global business process outsourcing and digital transformation company. They specialise in helping enterprises in sectors like banking, insurance, and healthcare transition from paper-based, manual workflows to modern, automated digital operations.
This acquisition is another step in SPS’s growth strategy, broadening its information management and business process services offering and reinforcing its ability to deliver integrated, end-to-end information-driven solutions. With enhanced capabilities spanning the full lifecycle of both physical and digital records, SPS is even better positioned to help clients streamline operations, reduce manual intervention and accelerate their digital transformation journeys.
Pranav Prashar, Head of Legal and Commercial Affairs at SPS UK and Ireland commented:
“CRS provided excellent legal support throughout the acquisition. Their technical expertise, pragmatic advice and clear focus on our commercial objectives helped ensure a smooth and efficient transaction.”
Hamish Perry, Corporate Partner, commented:
“It was a pleasure to support SPS on this transaction and to showcase our M&A expertise, helping them with their growth strategy. We look forward to seeing the opportunities this partnership creates as SPS continues to grow.”
The team was led by Corporate Partner, Hamish Perry, alongside Associate, Sanne Gerdsen, and Trainee, Maddy Locke. The wider team included: James Stewart, Tessa Newman and Jordan Burnard in Corporate Tax & Incentives, Kathleen Bada in Employment, Megan Paul, Caroline Young, Anna Sowerby and Courtney Bernard in Commercial/IP, and Phil Webb and Sophie Durn in Real Estate.
