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Waterfront has advised Kubair Shirazee and Arif Ahmed, the founders of Ikonami, in relation to the sale of the company to Electric Word, the specialist information publisher, for up to £2.2m. Ikonami is a leading provider of software for the management of appraisals, training and professional development within the NHS.

The Waterfront team advising on this transaction was led by Matt Cunningham with support from Phillipa Hobbins and Jean-Marc Pettigrew.

Memery Crystal provided legal advice to the buyer.

Kubair Shirazee said: “For us, solicitors have to be innovative, be able to deliver on time, within budget and most importantly provide a quick turn around when needed. I am pleased to say that Ikonami has been using Waterfront… since 2006 and in them we have a legal partner we can rely on to watch our corner time and time again.”

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