Specialist technology law firm Boyes Turner has advised on the multimillion-pound sale of MotorDocs, a provider of document management systems in the automotive retail sector, to Keyloop.
The acquisition enables Keyloop, a market leader in technology solutions for the automotive industry, to obtain a strong document management platform. A multidisciplinary team from Thames Valley firm Boyes Turner advised MotorDocs’ shareholders on the sale.
Boyes Turner’s head of corporate Kate Eavis led the team in the latest deal for the firm. She said: "MotorDocs is transforming document management in the automotive industry. Consumers and dealers are increasingly looking for documentation to be digitally signed and stored. MotorDocs has one of the most sophisticated digitisation solutions on the market and has a strong UK presence and growing international interest. Keyloop aims to be the sector’s leading technology provider and the acquisition of MotorDocs is a significant milestone in its growth plans."
Andy Mee (pictured), managing director of MotorDocs added: "The Boyes Turner team led by Kate provided a fantastic service during the sale process, supporting the shareholders in every aspect of the deal resulting in the sale of the business in a very efficient and timely manner."
Eavis led the team supported by corporate solicitors Grace Hudson and Charlotte Gorman, head of technology Mark Blunden, employment partner Andy Whiteaker and commercial property specialist Phil Jacques.
About Boyes Turner
Boyes Turner is a regional law firm. Based in Reading, in the heart of the UK's 'silicon valley', surrounded by globally innovative universities and within 30 minutes of central London, it has built a nationally and internationally recognised specialism in the technology and innovation sector.
Working with clients in the UK and around the world, including North America, Europe and the Middle East, the firm has additional expertise in the leisure and hospitality and development and housebuilding sectors, as well as strong employment and dispute resolution teams, which have equally strong reputations.
With 22 partners, six legal directors, over 50 other lawyers and totalling more than 160 staff, the firm is ranked by both Chambers Guide to the Legal Profession and The Legal 500 as one of the UK’s leading regional law firms and a "regional heavyweight". Over two thirds of its partners are rated as leaders in their fields by the legal directories.