Partner, Nick Gabay from our Corporate and Commerical team speaks to Insider Media Limited about the purchase of Hitec by Texas-based Mitratech.
Hitec Laboratories, a Slough-headquartered governance, risk and compliance (GRC) software provider, has been snapped up by Texas-based Mitratech.
The purchase of Hitec is Mitratech's fifth in the past year and the second major acquisition in the GRC market, following its takeover of CMO Software in June.
Nick Gabay said: "Thomson Snell & Passmore has advised Hitec for over 25 years, so it has been a real pleasure to watch them grow exponentially and then to help the shareholders through the process of finally receiving the just rewards for all of their hard work."
The full article is available to read online, first published by Insider Media Limited on 8th August 2016: Mitratech swoops for Hitec Laboratories