Lawyer Monthly - September 2024

Technology Advisors to Everfield Legal Advisors to Everfield Financial Advisors to Everfield Corporate Finance Advisors to Trade Interchange Legal Advisors to Trade Interchange Everfield Acquires Trade Interchange DEAL BRIEF COMMENTS: SHIKER CONSULTING ADVISORS Trade Interchange provides supplier management software that facilitates various organisations to reduce the risk and costs associated with managing large supplier bases. Their customers include NHS professionals, Sodexo, Whitbread and more. Their software is used by companies in 28 countries with 10 languages supported on the platform. With this new support from Everfield they will be able to begin their plan to double in size in the coming years. The co-founder and chief-executive of Trade Interchange, Mike Edmunds will continue to lead the business. The acquisition also enables four other shareholders to exit the business. This is Everfield’s 19th acquisition in Europe. They were given advice regarding technology from Shiker consulting. “Shiker Consulting prides itself on providing value for money Tech Due Diligence Services specifically in the area of B2B software companies. We follow a 6-pillar approach in evaluating firms by analysing their Product portfolio and Roadmap, Tech Architecture, Software and Development practices, People skill set and Org structure, Security/Compliance and Customer Success.” www.shikerconsulting.com 48 LAWYER MONTHLY SEPTEMBER 2024

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