Wiggly Amps

The Business

A leading specialist health technology and software company.

Founded in 2000 by Jon Witte and based in Norfolk.

Established reputation within the healthcare market for innovative software development.

Unique platform for future growth with significant market opportunities through digitalising healthcare.

The Deal

100% share sale of Wiggly Amps to Boots UK.

Boots UK is the country’s largest pharmacy led health and beauty retailer and is part of Walgreens Boots Alliance Inc.

The deal was structured to meet the requirements of the shareholders and acquirer.

As a part of the deal, certain IP and business streams were demerged by the existing shareholders to be delivered through two new companies – Engage Health Systems Ltd and Little Green Button Ltd.

Value Add

Acted as lead adviser throughout every stage of the transaction.

JDC supported the management team in all aspects of the transaction to minimise distraction of the Directors from the business.

Negotiated the price and a deal structure (including demerger) that aligned the interests of all parties.

Provided tax planning to ensure shareholders obtained the most tax effective solution through qualifying for Entrepreneurs’ Relief.

Location

Norfolk

Sector

Technology & Software

Deal

Trade Disposal

Wiggly Amps Logo Boots Logo

JDC have been a long-term adviser to Wiggly Amps and provided invaluable advice, support and deal management which enabled us to close the transaction in a short time frame. I genuinely could not have asked for a more balanced, accommodating and professional service. There is no doubt that their focus and commitment were vital to us getting the deal done. I would highly recommend JDC to any business owner considering their options or selling their company.

Jon Witte Managing Director of Wiggly Amps