Simpleware has had an outstanding journey from University of Exeter spin-out to acquisition by global software leader.

Simpleware Limited provides innovative software solutions for bridging the gap between 3D imaging, design and simulation technologies. Their software converts 3D image data into high-quality models suitable for CAD, CAE and 3D Printing applications, and is used by research institutions, blue-chip companies and many other customers around the world.

Thompson Jenner was able to advise the company at every step of their journey, from its origins as a University of Exeter spin-out in 2003 through to the sale of the business in 2016 to Synopsys, Inc., a US-based global leader in electronic design automation and semiconductor intellectual property.

During this time, Simpleware enjoyed outstanding year-on-year growth and were rewarded for their success with consecutive Queen’s Awards for Enterprise in 2012 and 2013, that recognised achievements in technological innovation and overseas business. Other awards collected by Simpleware have included the PraxisUnico Business Impact – Aspiring Award (2012) and an Institute of Physics Innovation Award (2013).

Thompson Jenner has provided proactive business advice and specialist financial services and expertise, which has been an integral part of the company’s growth and eventual acquisition. Services include:

  • Start-up support and guidance
  • Setting up management systems
  • Help with raising finance
  • Implementing financial controls
  • Accounting software and systems
  • Help and guidance with Research & Development tax relief
  • Outsourcing payroll and bookkeeping
  • Business and personal tax planning
  • Management accounting
  • Company secretarial services
  • Annual financial reporting
  • Business advice and planning on company sale

 

What the client said:

We have had a great relationship with Jon Westley and his team at Thompson Jenner since we started the business back in 2003. They have provided an exceptional service to us over many years, not just acting as accountants, but truly becoming part of the firm’s management team and identifying with our goals. Whether it has been R&D tax advice, setting up our management system, helping with our funding or in this case working on the company sale, they were always first class and extremely proactive and professional in their approach.

Dr. Philippe Young, Co-Founder of Simpleware Limited

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