Freeths advises Accident Exchange Limited on sale of software solutions business

Freeths are delighted to have advised Accident Exchange Limited on its sale of AX Innovation Limited to Total Specific Solutions. AX Innovation offers software solutions with a focus on fleet management, telematics and vehicle tracking. 

Leading the Freeths team on this deal was Director Hannah Tessyman. She was supported by a wider, multi-disciplinary team comprising of Director Mohammed Abbas, Senior Associates Daniel Seely and Emily Gaffney, Associates Katherine Ferrari-Bradley and Chloe Birkett, and Legal Assistant Kathryn Jolly.

Reflecting on the sale, Hannah Tessyman said: “We really enjoyed working with the Accident Exchange team on this transaction, and we look forward to seeing how both businesses continue to develop in the future.”

Nick Williams, CEO of Accident Exchange Limited, added: “We were delighted with the advice and assistance provided by the Freeths team on this disposal. Corporate transactions require commitment of significant management resource from a business - Freeths was always on hand to provide solutions and make the process as straightforward as possible.”