Mobeus inks Tharsten deal

As part of the transaction, the company's management team has acquired a significant stake in the business. The company has been purchased from Tharsten's original founders.

Company
Established 30 years ago, Tharsten is a specialist software provider focusing on commercial printing and graphic arts. It provides management information systems to printing vendors. Tharsten's software is used by 10,000 users globally.

The company generates turnover of £4m and employs 46 people. Tharsten is headquartered in Lancashire.

People
Tharsten managing director Keith McMurtrie, technical director Antony Lord and sales director Lee Ward led the buyout. Chris Price is investment director at Mobeus.

Advisers
Equity – Squire Patton Boggs, Tim Hewens, Serena Gingell (Legal); Mazars, Julian Clough, Jeremy Booth (Financial due diligence); Fairgrove Partners, Patrick Woodrow, Paddy Woods Ballard (Commercial due diligence); Intuitus, Paddy Falls, Adrian Astley-Jones (IT due diligence); PwC, Philip Hare (Tax).
Management – Addleshaw Goddard, Tim Wheldon, Susie Siddal (Legal).
Vendor – KPMG, Christian Mayo, Rick Stark, Cassie Ivel (Corporate finance); Pinsent Masons, Helen Ridge, Andrew Phillips (Legal).

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• Topics
• UK / Ireland
• Buyouts
• Mobeus Equity Partners
• United Kingdom