Burges Salmon has advised breakdown and motoring services specialist the RAC on its acquisition of vehicle diagnostics specialists Nebula Systems, having advised the RAC on a number of transactions to develop the RAC's telematics capability since 2013.
Reinforcing its position as a market leader in telematics innovation for remote vehicle data analysis, the RAC’s acquisition of Nebula Systems enables it to draw upon a vast amount of data from the total number of vehicles across the UK.
A multi-disciplinary team from Burges Salmon assisted the RAC with the transaction. The Burges Salmon team was led by Head of Commercial, Helen Scott-Lawler, with assistance from the firm’s Corporate, Employment and Real Estate teams.
Helen commented: “We were pleased to advise our long-standing client the RAC on this transaction and be able to shape our team around its specific needs. This important strategic acquisition for the RAC will not only enable it to continue providing its members with market-leading roadside breakdown services but also offer its commercial customers with further insight into the health and maintenance of their vehicles.”
The addition of enhanced vehicle diagnostics capability underpins RAC Telematics’ position as a technology innovator. The RAC Telematics platform already leads the field with a unique and highly accurate crash detection and reporting solution, which has been independently certified* in excess of a 92 per cent accuracy level. Coupled with leading-edge risk scoring algorithms and location-based fleet management services, RAC Telematics is re-defining telematics.
RAC Telematics MD Nick Walker said: "Burges Salmon is an important partner to RAC as we expand our capability in telematics. A transaction of this type involves much more than legal advice and Helen and her team brought the skills and experience in technology and IP we needed to get this deal done."
*Crash detection accuracy tested by Transport Research Laboratory and confirmed at 92 per cent, in March 2015.