Beauchamps' Corporate and M&A team was pleased to act for Software Circle PLC, a UK-listed technology group, on its acquisition of Artificial Intelligence Finance Limited, Ireland’s leading software provider for mortgage and insurance brokers.
The transaction, valued at up to €9 million, supports Software Circle’s strategy of acquiring high-recurring revenue, specialist software businesses and marks a significant investment in the Irish fintech sector.
Artificial Intelligence Finance Limited, led by founder Karl Deeter, will continue to operate with its existing team, providing software solutions to leading brokers and major financial institutions across Ireland.
The Beauchamps Corporate and M&A team was led by Edward Evans with support from Gergana Moran, Rachel Leavy and Brian Walsh.