Specialist technology law firm Boyes Turner has advised on the multi-million pound sale of MotorDocs, a leading provider of document management systems in the automotive retail sector, to Keyloop.
The acquisition enables Keyloop, a market leader in technology solutions for the automotive industry, to obtain a strong document management platform. A multi-disciplinary team from Thames Valley firm Boyes Turner advised MotorDocs’ shareholders on the sale.
Boyes Turner’s Corporate team said: MotorDocs is transforming document management in the automotive industry. Consumers and dealers are increasingly looking for documentation to be digitally signed and stored. MotorDocs has one of the most sophisticated digitisation solutions on the market and has a strong UK presence and growing international interest. Keyloop aims to be the sector’s leading technology provider and the acquisition of MotorDocs is a significant milestone in its growth plans.
Andy Mee, Managing Director of MotorDocs added: The Boyes Turner team provided a fantastic service during the sale process, supporting the shareholders in every aspect of the deal resulting in the sale of the business in a very efficient and timely manner.
