Unity5 Expands Reach with Chipside Acquisition
Deal News | Mar 30, 2025 | Synova Capital
Synova Capital's portfolio company, Unity5, has announced the acquisition of Chipside, a recognized leader in local authority permitting and enforcement software solutions. This strategic move seeks to capitalize on the complementary strengths of the two companies, merging Unity5’s capabilities in private sector permit management with Chipside’s robust local authority presence. The merger aims to bolster innovation and enhance the value delivered to diverse public and private clients. By expanding their combined product offering, the unified group aspires to provide clients with a comprehensive suite of scalable and customer-focused compliance software solutions, thereby reinforcing its leadership within the traffic management sector.
Sectors
- Software and Services
- Public Sector
Geography
- United Kingdom – Both Unity5 and Chipside are based in the UK, and the acquisition aims to enhance their offerings within the UK local authority market.
Industry
- Software and Services – The article discusses companies providing compliance software solutions for traffic management to both local authorities and the private sector.
- Public Sector – Chipside has established a strong presence in providing software solutions to local authorities for permitting and enforcement.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Synova Capital | PE Firm | Company | A private equity firm that owns Unity5 which is acquiring Chipside. |
| Unity5 | Acquirer | Company | A provider of compliance software to the traffic management sector, backed by Synova Capital. |
| Chipside | Target | Company | A market leader in local authority permitting and enforcement software. |