Jerroms Corporate Finance have provided lead sell-side advisory support to the owners of Sicon Ltd (Sicon), a developer of innovative CRM and vertical solutions to SMEs.

The successful sale to Total Specific Solutions (“TSS”) an international mission-critical enterprise software and services specialist headquartered in the Netherlands, further expands their portfolio of independently managed software companies based in the UK.

Sicon, a family-owned business, provides innovative additions and solutions for Sage 200 within a number of sectors including manufacturing, construction, distribution, and warehousing.  The sale to TSS offered a strong fit, due to their like-minded focus on customer service, product innovation, quality, and technology.

Paul Heaven, Managing Director of Jerroms Corporate Finance said: “We are delighted to have advised and supported Sicon throughout the sale process. By collaborating and utilising the knowledge and expertise available from our teams at Jerroms and Jerroms Miller Specialist Tax, Sicon were able to optimise tax implications associated with the deal to ensure it better met their needs.”

Richard Youngman, Managing Director of Sicon said: “The team at Jerroms Corporate Finance ensured we fully understood the process step-by step, so that we were able to make informed decisions. We were very impressed with their professionalism and commitment throughout.  This guidance along with the advice and support we received from within the wider Jerroms Group was instrumental in us gaining the positive outcome we achieved. This acquisition will enable us to continue to provide an excellent service to our customers, ensure the growth of the business and offer security for our staff. ”

Legal support for Sicon Ltd was provided by Hawkins Hatton.