The London and Cambridge Technology team advised Minesoft and its shareholders on its sale to MLM 2 and Warburg Pincus. Following the acquisition, the company aims to accelerate the development of new products, expand and scale globally, including in the U.S., and enhance existing products with analytics, artificial intelligence, and machine learning.
Minesoft offers mission-critical searchable databases and web-based products for intellectual property research. It provides an array of products for the patent information industry, specialising in patent searching, IP document retrieval, patent analytics and competitive intelligence systems. Minesoft has an international base of 90,000 users in predominantly blue-chip customers including Fortune 500/FTSE 100 companies, national PTOs, IP legal and patent attorney firms.
MLM 2 is an information services and software platform backed by a $1 billion equity commitment from Warburg Pincus, focused on investing in information, software and technology-enabled services companies with a long-term view to value creation. Its management team has collectively over 100 years of experience with companies in information services, software and tech-enabled services across a variety of industries including intellectual property, life sciences and fintech. Minesoft marks MLM 2’s first acquisition as part of its strategy to build a market-leading IP solutions platform.
Warburg Pincus is one of the oldest and largest private equity firms in the world and a leading growth investor. It has invested in more than 1,000 companies in over 40 countries and currently has more than $73 billion in assets under management and an active portfolio of more than 235 companies.
The team was led by David Mardle, Adam Thatcher, Kesten Laverty and Megan Gibson.
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