FileStream

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: Undisclosed
• Sector: Software & SaaS
• Advisor: KBS Corporate
• Key Entities: FileStream; Calico IIM; KBS Corporate
• Location: Bracknell, United Kingdom

Note: 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.