Bid Deadline: Thursday 27 November 2022 at 4pm GMT
Hilco is delighted to offer for sale the business and assets of an investment-backed AI messaging platform operator (the “Company”).
The Company’s AI messaging platform is designed to enhance property and facilities management via autonomous AI assistance, increasing efficiency and customer satisfaction whilst reducing admin and management costs. The Company’s deep-learning AI technology works globally across commercial and residential real estate, facilities management and local government to empower customers to self-serve and automate service delivery through AI.
The salient details on the business are as follows:
Available assets include:
Technology – fully developed and commercialised AI technology;
Accompanying IP Portfolio – including a registered trade mark protecting the brand, copyright in the website content, domain names, social media assets and customer contracts;
Organisational Knowledge – trade secrets and organisational knowledge covering the development of the technology;
Customer Data – database of over 17,000 contacts;
Goodwill – the valuable goodwill attached to the business;
Offers for the business and assets of the Company due Thursday 24 November 2022 @ 4pm GMT.
All expressions of interest and offers should be directed to Hilco in writing. Additional information and access to a virtual data room are available under NDA. The information provided has not been verified by Hilco and bidders are deemed to have carried out their own due diligence. A Bid Submission Form for submitting offers is available.
The bidder acknowledges that Hilco acts as an agent for the Company who offer for sale only what right, title and interest the Company possesses in the assets. Such sale will be without any indemnities or warranties, expressed or implied. The assets are sold “as is, where is”. VAT at 20% will be added to the price if applicable. A non-refundable deposit of £141,000 will be payable by the buyer within 24 hours of bid acceptance. Legal completion to occur within 5 business days of bid acceptance. Hilco’s full Terms and Conditions apply. Hilco’s full Terms and Conditions apply.