Waterfront advises the shareholders of Wambiz in relation to the sale of the company to Allocate Software.
Waterfront has advised the shareholders of Wambiz in relation to the sale of the company to Allocate Software. The terms of the transaction have not been disclosed.
Wambiz is an innovative provider of app-based staff engagement solutions for the health, education and enterprise sectors. Allocate Software is a leading international provider of workforce and resource planning solutions, supporting the operational and administrative needs of healthcare, defence and maritime sectors.
Matt Cunningham commented: “Waterfront has advised Wambiz since the company was incorporated in 2012. It has been a pleasure to work with the founders, Harry and Andrew, and I wish them every success in future.”
Harry Jawanda, Co-Founder of Wambiz, commented: “Thank you to Waterfront for all the effort you have put in over the last 6 years to get us to the point of sale!”
Allocate's announcement of the acquisition can be accessed here.
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