Acquisition of VIPR by Tenzing

Submission Date: November 18, 2020

Completion Date: October 27, 2020

Target: VIPR

Acquirer: Tenzing

Deal Value: Undisclosed

Deal Description: Spectrum Corporate Finance successfully advised Tenzing on its investment into VIPR, a market-leading provider of insurance software technology. Spectrum acted as buy-side advisors to Tenzing, assisting with negotiations, project management, financial modelling, heads of terms, documentation reviews and completion process.

Corporate Finance Advisers: Spectrum Corporate Finance (Simon Davies, James Mines and Chris King)

Legal Advisers: Osborne Clarke

Financial Due Diligence: PWC

Commercial Due Diligence: Fairgrove Partners