Tech business Springo acquired by Stampede

Tech business Springo acquired by Stampede

posted 6th July 2021

Posted 3 years ago

By GS Verde

Deals

Leading UK hospitality software start-up Stampede has acquired Springo, in a deal advised on by the GS Verde Group.

Stampede has acquired Springo, a data capture and customer engagement software business, in a bid to strengthen the business' expertise and increase global reach. The deal will see the software businesses unite their shared vision of helping hospitality venues to grow.

Stampede is one of the UK's leading hospitality software businesses and was founded by software developer and tech entrepreneur, Patrick Clover to enable physical venues to engage with their customers more easily and effectively and understand them better.

Both Stampede and Springo have helped hundreds of hospitality businesses bounce back after the impact of the COVID-19 pandemic, and the aim is that their combined forces will mean support will reach even more venues.

As part of the agreement, Jay Ball (CEO of Springo) will join Stampede as a non-executive director and shareholder.

Greenaway Scott, part of the GS Verde Group, advised Jay Ball on the transaction. Leanne Thomas, Director of the Corporate division of Greenaway Scott said: "We are delighted to have advised Jay on a deal that is exciting for both businesses, and we wish Stampede all the best for the future."

The GS Verde Group is a corporate finance led deal-making group, who specialise in supporting business owners looking to sell a business, acquire a business or raise investment.

If you are looking to buy, sell or raise, contact the GS Verde Group today: hello@gsverde.group

Testimonials

"GS Verde Accountants have been invaluable during an important and rapid growth phase of our business."

Nick & Jon Bird, Partners, SquareBird

"There are lots of accountancy firms that we could have chosen from to work with however there was a distinct difference in the approach and service level that was offered by GS Verde Accountants."

Kevin Dunn, Director, UKMD Ltd

"They are our finance team; and they are on top of our accounts and our financial strategy. We rely on their expertise to help us drive our business forward and they meet every aspect of our needs"

Mike Stephens, Director, English County Contracts Ltd

"We know that we cannot get a better or more reliable service – we don’t even have to think about it. GS Verde Accountants go beyond the call of duty"

Jonathan Gould, Managing Director, GWorks Ltd

"Worth absolutely every single penny – this is the single best decision we have made in the last year. For every single person we have spoken to at GS Verde Accountants – nothing is too much."

Hannah Kennard, Director, AK Plant Services Limited

"I feel valued as a client. I get rapid responses to any emails or calls; and I must say the GS Verde Accountants team are brilliant. I already feel freer to concentrate on setting the strategic direction for the business"

Mark Burland, Director, First Class Comms Ltd t/a FCC