Adams & Remers acts for Inition shareholders in sale to Parity
31 May 2012
Adams & Remers has acted for the shareholders of Inition Limited, a leading 3D technology business based in Shoreditch, which has been acquired by Parity, the UK IT services group in a deal worth at least £2.25 million.
Inition is a leading independent 3D technology consultant systems integrator and equipment provider with particular skills in 3D printing, stereoscopic 3D video production and cutting edge interactive 3D and augmented reality projects.
This deal will enhance Parity’s emerging technology capabilities and is the group’s first step in implementing the strategy to move into the expanding digital market.
Simon Jones, partner at Adams & Remers comments: “This is a good deal for both companies and the shareholders of Inition who we acted for were delighted with both the financial arrangements and the ongoing role they will play in Parity.”