Oslo, Norway / Vestfold, Norway — 9 December 2013 – Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to ePocket Solutions AS (“ePocket”) on its sale to Guard Systems ASA (“Guard Systems”). The acquisition accelerates Guard Systems’ strategy to expand its business within the Field Service Management (FSM) space and provides Guard Systems with immediate cross-selling opportunities into ePocket’s strong customer base and vice versa. The acquisition was publicly announced by Guard Systems on 9 December 2013 and closed on 7 January 2014.
About ePocket Solutions AS
ePocket is a leader in FSM software and has built a market leading position with small to mid-sized businesses (SMB) and large enterprise customers in Northern Europe. The company’s main products are its enterprise software suite Handyman and its SMB-focused SaaS offering WPA Mobile. ePocket targets a broad range of industries that deploy substantial service and engineering resources in the field, including electricians, heating, ventilation and air conditioning (HVAC), facilities management, telecom and construction as well as the oil and gas sector. ePocket is headquartered in Oslo, Norway, and has offices in Sweden, Denmark and Germany. For more information, please visit www.epockethandyman.com and www.wpamobile.com.
About Guard Systems ASA
Guard Systems is a leading provider of search and recovery services, fleet management, electronic travel log and mobile positioning technology. The company provides FleetSystem, a web-based fleet management system, TravelLog, an automated trip log solution and SpotGuard, an asset tracking solution for equipment, machinery and other assets. Guard Systems was established in Norway in 1992 and employs 50 people in 9 countries. More information is available at www.guardsystems.no.
The sale of ePocket is the 20th publicly announced transaction advised by Mooreland since the start of 2013 and confirms Mooreland’s leading position in enterprise software M&A advisory.