08 April 2019

Burges Salmon’s Corporate Finance team has advised the selling shareholders of Unicorn, the UK’s leading provider of learning technology solutions, on its acquisition by The Access Group, a leading provider of business software to mid-sized UK organisations.

The Burges Salmon team, led by partner Richard Spink and director Tim Roberts, advised the shareholders on all legal aspects of the transaction. Unicorn brings with it to Access more than £10 million in revenues and in excess of 1,500 customers including UK Finance Association, University of London, Tesco Bank, and Chartered Insurance Institute. As part of The Access Group, Unicorn will strengthen its position in the Digital Learning space, especially in the Financial Services and Insurance sectors and have the opportunity to push into new areas in which The Access Group are already well established.

Tim Roberts says: “We are really pleased to have been chosen to work with the Unicorn team on this deal, which is a key milestone for the shareholders and in the development of the business. The transaction will help Unicorn further enhance its position in the digital learning space, increasing the depth and breadth of its solutions and content library as part of the wider Access Group. We wish the team every success as the business continues to grow.”

Jackie Kennedy, COO, at Unicorn, concludes: “We would like to thank Richard, Tim and the wider team at Burges Salmon, who were a pleasure to work with, for their outstanding support throughout the transaction, and for bringing this deal to a conclusion so expertly.”

Key contact

Richard Spink

Richard Spink Partner

  • Corporate
  • Mergers and Acquisitions
  • Private Equity

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