Charles Russell Speechlys advises shareholders of eCommonSense on sale to ECI Software Solutions
Charles Russell Speechlys has advised the shareholders of Merchant Systems Group Limited, trading as eCommonSense on the sale of the company to ECI Software Solutions Limited.
eCommonSense is a technology solutions provider focused on the construction and building materials supply sectors. The company was recognised as best-in-class by the Builders’ Merchant Awards in both 2019 and 2020 and the company’s technology solutions are used by many of the leading merchants across the UK and Ireland.
ECI is an industry leading cloud-based business management software and e-commerce software publisher primarily serving small and medium sized businesses.
Andrew Scothern, founding shareholder of eCommonSense said: “David, Grace and the wider team at Charles Russell Speechlys guided me smoothly through the whole transaction process, educating me along the way. They acted with integrity and professionalism, building rapport with the acquiring party and its advisors culminating in a successful deal for all involved. This transaction was a huge milestone for me and the other shareholders and the Charles Russell Speechlys team was first class.”
David Coates commented: “We thoroughly enjoyed working with Andrew and the other shareholders on this deal. It’s been a busy period in the Business Technology sector - we were able to leverage our team’s tech sector expertise, whilst ensuring the transaction ran smoothly. We wish all parties every success in this next chapter.”
The Charles Speechlys team was led by Corporate Partner David Coates, and supported by Associate Grace Hudson, Trainee Solicitor Nia John, Partner James Carter and Associate Graham Crocker (Corporate Tax), Mark Bailey (Commercial), Esther White (Pensions) and Rachel Hearn (Employment).