City Law Firm Fox Williams LLP advised long-standing client Trapeze Group on its acquisition of Kizoom Software Limited from Kizoom Limited (formerly Cityspace), a subsidiary of LMS Capital. The acquisition adds Kizoom Software’s market leading Web and mobile solutions and expertise to the Trapeze enterprise solution portfolio. Kizoom’s kiosk and ticket machine business remains with Kizoom Ltd.
Founded in 1999, Kizoom Software established an innovative market niche through the development and operation of mobile software applications for major transport operators as well as selling bespoke customer information software services to public transport companies. Today, with its mobile Internet expertise in great demand, Kizoom Software’s client list includes Transport for London (TfL), the Department for Transport, Traveline, theTrainline.com, Transport Direct and several Rail operators. The Kizoom Software team continue to lead the innovation and application of new Web and mobile technologies within the Transport Information sector.
Peter Bell, Managing Director, Trapeze UK, commented: “We are very excited by the acquisition of Kizoom Software. It demonstrates our commitment to the UK market and forms a key part of our strategy to expand and enhance our market leading solutions to the UK transport industry. When combined with our existing journey planning and ITS capabilities, this acquisition provides us with considerable opportunity to enhance our product portfolio and the creation of novel solutions for our combined client bases”.
“Kizoom Software has always been committed to developing innovative products for the transport sector”, commented Damian Bown, co-founder and COO of Kizoom Software. “We are thrilled to become part of Trapeze Group and are excited by the opportunities that being part of an organisation with a global transport software presence can bring”.
Fox Williams partner Richie Clark commented: “Fox Williams was delighted to assist Trapeze enhance its product offering with the acquisition of Kizoom’s cutting-edge mobile internet technology”.
Corporate partner Richie Clark led the Fox Williams team, principally assisted by Sharon O’Donnell, as well as Technology partner Nigel Miller, Tax partner Emma Bailey and Real Estate partner Liz Ruff. Kizoom Software was advised by Taylor Wessing.