Moorcrofts advises Hardenize Limited on sale
Moorcrofts has recently advised the shareholder of Hardenize Limited (“Hardenize”) on the sale of the entire issued share capital of Hardenize to Redsift Limited. Hardenize is an internet security innovator, with extensive experience in computer security and large-scale internet monitoring as well as expertise in evaluating technical risks.
Moorcrofts’ corporate partner, Will Pearce, led the transaction with support from Adam Forder (corporate associate solicitor), Heather Stewart (corporate solicitor), Usha Guness (commercial associate solicitor), and Lindsey Abbott (employment associate solicitor).
Will Pearce, Moorcrofts corporate partner, said:
“We are thrilled to have advised the shareholder of Hardenize on the sale of such a fast growing and well-established business. I’m certain that the addition of Hardenize’s ground-breaking approach and knowledge base will enable RedSift to further enhance its offering. It was a pleasure to work with the team and we wish the business the best of luck in the future.”
Ivan Ristic, Hardenize CEO, said:
“We were delighted with the support given by Will and the Moorcrofts team who helped the transaction run smoothly and efficiently. We’re excited to join RedSift in bringing this best-in-class security solution to the market. Hardenize’s ability to align organisations’ digital assets to recognised security frameworks and standards complements RedSift’s advanced email security capabilities to provide a single solution that protects organisations from being vulnerable to attackers.”
RedSift Limited was advised by Cooley (UK) LLP.
Moorcrofts regularly acts for buyers, sellers and investors across a broad range of industry sectors. With a wide array of clients, from PLCs and household names to sole traders and partnerships, Moorcrofts has the expertise to advise on all aspects of corporate transactions. For more information about Moorcrofts corporate services, visit our corporate services page or contact a member of the corporate team.