QinetiQ acquired Commerce Decisions in 2008 and it has become a market leader providing software and consultancy services to enable some of the largest and most complex procurements around the world. The decision to divest Commerce Decisions was a strategic choice by QinetiQ to allow increased focus on its core capabilities to deliver mission-led innovation.
This is the second M&A transaction on which Ashurst has advised QinetiQ in the last 6 months following the completion of the disposal of Boldon James at the end of June 2020.
The Ashurst team was led by corporate partner Aaron Shute and senior associate Harry Thimont with co-client relationship partner Tom Mercer and partner Braeden Donnelly also advising. They were supported by associates Amy Coleman, Jake Hadfield, Annie Ball and Yoana Georgieva. Partner Alexander Cox and senior associate Sara Mardell provided tax advice. Partners Christopher Bates, Steven Vaz and Ruth Buchanan, counsel Gita Shivarattan and associates Harry Newton, Shanice McAnuff and Natasha Gromof also advised.