Consilium guides family-owned Scottish software firm on sale to US group

Consilium guides family-owned Scottish software firm on sale to US group

Linzi Wilson and Siobhan Moore

Consilium Chartered Accountants has successfully guided the shareholders of Eureka Solutions through the firm’s acquisition by San Francisco-based Pine Services Group.

Eureka Solutions – an award-winning, family-owned provider of business software solutions – will become Pine Services’ first UK acquisition.

Based in East Kilbride, Eureka implements and supports accounting and ERP solutions across Oracle NetSuite, Sage 200, and iplicit. The firm also owns its own proprietary, cloud-based systems integration tool, Besyncly.

Highly experienced in guiding Scottish and UK owner-managed businesses through mergers and acquisitions, Consilium provided Eureka with end-to-end support, including marketing the business for sale, finding a suitable buyer and leading the transaction to completion. Consilium corporate finance partner Linzi Wilson and director Siobhan Moore led the deal.

Shareholder Gillian Livingstone said: “Linzi and her team went the extra mile to understand our business to make sure we could market it correctly and attract the right buyer.

“They talked us through the process of selling the business and the journey we would take, and executed it perfectly. The knowledge, experience and most importantly the support we received from Consilium was invaluable.”

Eureka founder and chairman, Alistair Livingstone, said: “Selling the family business is a once-in-a-lifetime process – for that we needed professional advisers who could guide us through the process and ensure the best possible outcome for everyone involved, including our staff, customers, and suppliers.

“Linzi, Siobhan and their team were outstanding throughout-supportive, knowledgeable and easy to work with.”

Ms Wilson said: “It was a privilege to guide Gillian, Alistair, and the Eureka team through this transaction.

“Our priority was to ensure every step was clear, strategic, and tailored to their goals-delivering the best possible outcome for all. I’m proud that our expertise and support helped achieve such a positive result for everyone involved.”

Pine Services Group is the dedicated Enterprise Resource Planning (ERP) vertical of Evergreen, a family of managed IT services and software partners. Pine Services Group differentiates itself by providing a permanent home for businesses that care deeply about their customers and employees.

Discussing their first UK acquisition, president of Pine Services Group, Dustin Anderson, said: “This acquisition not only expands Pine’s international footprint but also brings world-class talent and innovation from Scotland’s vibrant technology ecosystem to further empower our customers. Linzi and Siobhan, thank you for your partnership throughout this process. It was such a pleasure working with you.”

Eureka were advised on legal matters by April Bingham and the team at Bellwether Green.

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