Goldenhill International M&A Advisors today announced that it acted as M&A advisor to Brady plc (“Brady”) in its acquisition of energycredit from Temenos to enhance its risk offering for the energy and commodity markets. energycredit provides specialized domain expertise in credit risk to the energy and commodity markets with offices in the UK, U.S. and India, serving energy customers representing some of the world’s largest utilities, producers and trading firms.
The acquisition enhances Brady as a global risk management solution provider. Together, the companies will collaborate to create a comprehensive solution for the market enabling customers to have a single provider to meet all of their energy and commodity trading software requirements. A further advantage is an offshore development house. Customers will benefit from leveraging product synergies and additional resources, coupled with domain experts located close to the customers, enabling world-class development and testing at a highly cost effective level.
Commenting on the contribution of Goldenhill to the just completed transaction, Gavin Lavelle, CEO of Brady said:
“We have worked closely since 2008 with Goldenhill to assist us in all aspects of the M&A process including this transaction announced today. Their knowledge of the Fintech sector, international presence and experience in working closely with us throughout the M&A process is of value to us. Goldenhill has demonstrated continued commitment and flexibility in working with us and we look forward to continuing our working relationship with them.”