Buzzacott advises Cadcorp on its sale to NEC Software Solutions
Member News
August 27, 2025 - BuzzacottAccountancy firm Buzzacott has advised Cadcorp Limited, a leading UK-based provider of Geographic Information Systems (GIS) and web mapping software, on its sale to NEC Software Solutions. This strategic acquisition enhances NEC’s capabilities in delivering advanced, location-based intelligence to local authorities and public safety organisations across the UK and beyond.
Cadcorp delivers flexible, interoperable geospatial solutions to public sector organisations. Its flagship product, Cadcorp SIS, is widely used by a range of sectors including emergency services, government, land and property, energy, infrastructure, social housing, finance and environment to improve their services, accessibility and performance.
NEC Software Solutions provides software and IT services to public sector organisations, including government departments, emergency services, healthcare providers, and housing associations. Its solutions support critical functions such as public safety, health screening, case management, and local authority operations.
“Finding the right home for the business was paramount to Cadcorp’s Shareholders, ensuring that the business’ heritage of 30+ years was preserved, whilst best positioning it for future growth. With strong interest from multiple parties, the challenge was to balance the cultural alignment - which was very important to the shareholders - while maximising value through buyer negotiations. Certainty on both price and execution from a credible acquirer was critical to success.” Poppy McMullan, M&A Manager, Buzzacott
Buzzacott’s M&A team adopted a rare approach, pre-agreeing the EV-to-Equity Bridge negotiations before signing Heads of Terms with the preferred party. This eliminated post-signing adjustments and safeguarded the headline value from the outset.
The team was made up of Matthew Katz (Partner), Poppy McMullan (Manager), Greg Westcott (Manager) and Olivia Bates (Executive).
“The Buzzacott team were excellent throughout, making the process as painless as possible, whilst ensuring we maximised the value for the shareholders. Matt, Poppy, Greg and Olivia demonstrated significant expertise along with professionalism and personal dedication, allowing the sale of Cadcorp to be completed as smoothly as possible and within a relatively short time. Without doubt we made the right call to appoint Buzzacott as our advisors, and wouldn’t hesitate to recommend them.” Trevor Armstrong, Managing Director, Cadcorp
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Buzzacott is an accountancy and advisory firm with over 100 years of experience. We support individuals, businesses, and not-for-profits with everything from annual accounts and tax planning, to long-term financial strategies and everyday advice. With a team of more than 600 people, including over 50 partners, we have the depth and expertise to support clients across a wide range of needs. We understand that every client is unique, so we take time to understand your needs and bring in the right people from across the firm to help. Our people-first approach means our team is engaged, collaborative, and ready to work alongside you as a trusted partner. With us, you’ll get joined-up thinking, clear advice, and a team which is as invested in your success as you are.
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