Engagement — Platform Due Diligence
Code & Co. advised Investcorp Technology Partners on the carve-out of Ubisense’s SmartSpace, a leader in Industrial Internet of Things (IIoT)
Code & Co. provides Tech & Product Due Diligence to Investcorp Technology Partners, one of the most recognized global technology investors, on the acquisition of Ubisense’s SmartSpace business unit, including the Ubisense brand.
Ubisense’s SmartSpace is an enterprise software and sensor platform that generates and interprets vast amounts of location data to create digital visibility of real-world objects and their interactions in real time, enabling complex manufacturing processes with high levels of variability to be more flexible, easier to manage and easier to control.
Ubisense’s SmartSpace is present in a number of verticals, including Aerospace, Commercial Vehicles, Passenger Vehicles, General Industry, and Transportation amongst many others.
Investcorp Technology Partners is a leading European lower middle market technology investor and has established a market-leading position of investing in lower mid-market technology companies with a specific focus on the Data / Analytics, IT Security, and Fintech / Payment sectors.
Code & Co. served as Tech & Product Due Diligence advisors to Investcorp Technology Partners on this carve-out acquisition. Code & Co. assessed Ubisense’s technology, product, and engineering capabilities to provide an audit of risks and opportunities. This transaction highlights Code & Co.'s deep expertise in the industrial tech and the growing Internet of Things sector and track record of successfully navigating public company carve-out transactions.