Michelmores has advised Vigo Software (Vigo), a privately owned UK business working in the logistics software market for the past 40 years, on its sale to Kerridge Commercial Systems (KCS).
Vigo designs, builds and hosts Transport Management Systems (TMS) and Warehouse Management Systems (WMS) for its customers across the UK and Ireland. Vigo’s solutions help businesses reduce transport costs through efficient loading, plan delivery routes, meet transportation deadlines and enhance customer experience through transparent on time delivery.
With the combined Vigo-KCS solution, customers can expect to see improved stock visibility, capture logistics operational efficiencies and, enhance client service and communication. Vigo also offers real time driver mobile applications with functionality such as route scheduling and electronic proof of delivery. This complements KCS’ growing suite of logistics and field service solutions.
The Michelmores Corporate team advising on the deal was led by Partner Adam Kean and Associate Ben Adams, with specialist tax input from Senior Associate Anthony Reeves in the Firm’s Tax team.
Adam Kean comments:
“It’s been a pleasure working with John and the shareholders of Vigo team throughout this transaction, and we wish Vigo the very best success in the future as they work on the long-term development of the business alongside KCS.”
John Vickers, Managing Director of Vigo, adds:
“I would like to thank the Michelmores team for helping us successfully navigate our sale to KCS. I am delighted to announce that we will be joining forces – our combination represents an opportunity to provide greater value to our customers in terms of accelerating the pace at which we bring innovation and supply chain efficiency enhancing technology to our customers.”
Adam Kean has acted for the shareholders of Vigo Software since its MBO in 2016, supporting its strategic growth trajectory and exit.
Michelmores has a strong Corporate practice in the UK advising clients across a broad range of sectors. For more information, visit our website.