Deal: RealWise has acquired Kyckr.

Value: Undisclosed

Area: Merger and acquisition

Key players: The Addisons team was led by corporate partner Li-Jean Chew with support from consultant Jeff Mansfield and senior associate Chuanchan (CC) Ma.

Addisons’ litigation team, including special counsel Hayden Martin and solicitor Tara Koh, also advised on the deal.

Deal significance: Kyckr is a business-to-business information services company.

The company was listed on the ASX in 2016 and has since been described as a leading global provider of real-time company registry information on over 120 million businesses, sourced from 300-plus primary regulatory sources across 100-plus countries.

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“Kyckr’s solutions support businesses to protect against fraud, money laundering and financial crime. RealWise is an entity 100 per cent-owned by Mr Richard White,” a statement from Addisons explained.

“In early July 2022, Kyckr confirmed it had entered into a scheme implementation deed with RealWise, under which RealWise would acquire 100 per cent of Kyckr by way of a court-approved scheme of arrangement for a cash price of 8.0¢ per Kyckr share.”

Commenting further, Addisons’ lead partner Li-Jean Chew said: “We’re delighted to have supported Kyckr on this significant transaction. We look forward to seeing the business continue to grow and develop under RealWise’s ownership.”