We advised Storage Made Easy (SME), a leading file data management company offering remote work and compliance solutions for cloud file storage, on its sale to Nasuni Corporation, a leading provider of file data services. The acquisition of SME is Nasuni’s second transaction within the last two months following a $60 million investment earlier in the year.
One of today’s biggest challenges for data storage is the ability to make files accessible to users no matter where they are. As organisations continue to support a distributed workforce, access to file data is required, including from home and branch offices as well as field locations that may have limited internet bandwidth.
The Nasuni File Data Platform is a cloud-native suite of file data services that uniquely leverages object storage from Azure, AWS and Google Cloud to transform legacy file infrastructure that enables files to be accessed from anywhere and protected from anything.
In addition to augmenting Nasuni’s remote work and compliance capabilities, the acquisition of SME gives Nasuni an additional presence in the UK as it continues to expand its EMEA footprint, which grew in March with the opening of the company’s new innovation centre in Cork, Ireland.
Commenting on the transaction, corporate partner Mark Barron said: "We are thrilled to have supported SME on this sale. As a firm, we are proud to work with real innovators in their fields and we look forward to seeing what the combined business goes on to achieve next."
Jim Liddle, CEO and Co-Founder at SME, commented: "Joining Nasuni is a natural move, and the SME team is thrilled to join the company and help advance their leadership in the file data services market. We are very grateful to the Taylor Wessing team for providing exceptional support and insightful guidance from start to finish."
“We’re delighted to have acquired SME, adding remote work and compliance capabilities to advance our leadership in the file data services market,” added Dean Breda, vice president and general counsel, Nasuni. “We thank Taylor Wessing for their hard work and diligence in getting this deal secured.
The deal was led by partner Mark Barron and senior associate Ed Chapman with support from associate Jack Turner in the corporate team.
Additional support was provided by Ann Casey, Liz Wilson, Pip Moss (tax & incentives), Paul Callaghan, Anna Taylor, Colin Godfrey, Afshan Mallik (employment, pensions & mobility), and Sian Skelton, Megan Lukins, Miles Harmsworth (commercial tech & data).