MBO at Alacer

We helped its management team to buy out the company from its previous owner, Lifecrown Investments.

We advised and supported the buyout team throughout the transaction, and were able to negotiate favourable terms for Alacer’s new owners. The buyout team acquired the company in early 2014.

Based in Bourn, Cambridge, Alacer Software is a national supplier of software for the hospitality industry. Alacer offers a complete software solution to manage everything from coffee shops to spa hotel resorts, and anything in between. The software applications operate seamlessly, without the need for interfaces. A single database contains all the information required for every team and all tools work from this core. Each customer simply selects the applications they need for their business.

Following a strategic review by Lifecrown, it was felt that Alacer’s software business was a non-core activity and that it would prosper better as an independent entity.

Alacer now anticipates growth as it rolls out a hosted, cloud-platform service in tandem with its existing solutions. With Gartner forecasting that cloud computing will become the bulk of new IT spend by 2016, the new team is poised to start an exciting phase of activity for Alacer.