FileStream

Acquirer: Calico IIM

FileStream has been acquired by Calico IIM, a French-based document management group, in an M&A transaction advised by KBS Corporate. The deal gives Calico IIM a UK platform for its proprietary AI document management technology while enabling FileStream to retain its brand, team, customer relationships and sector expertise.Summary of transaction details:Value: UndisclosedSector: Software & SaaSAdvisor: KBS CorporateKey Entities: FileStream; Calico IIM; KBS CorporateLocation: Bracknell, United KingdomNote: The acquisition supports Calico IIM’s European expansion strategy by combining FileStream’s two decades of regulated-sector document management experience with Calico’s AI capabilities in classification, data extraction and natural-language search.

Acquirer: Calico IIM

Calico IIM has acquired FileStream, a UK-based electronic document management software developer, to accelerate its growth and expand into the UK market. Summary of transaction details: Value: Not disclosed Sector: Software & SaaS Advisor: KBS Corporate Key Entities: Calico IIM, FileStream Location: UK Note: The acquisition marks Calico IIM's entry into the UK market and provides a strong foundation for its operations, given FileStream's two decades of experience in sectors where data handling obligations are particularly demanding.