Hilco is pleased to offer for sale the intellectual property assets of Project Meridian, a UK-based provider of secure voice communications technology used by financial institutions and public-sector organisations. The Company’s assets include a well-established mix of software and hardware that enables fast, reliable voice connections, such as private lines, hoot-and-holler, and intercom, along with built-in compliance features. The Company’s technology is flexible, working across on-premises, hybrid, and cloud environments.
This is a rare opportunity to acquire a proven, IP-led critical voice communications platform with live deployments across global financial markets and public-sector operations, an established brand reputation, and a scalable architecture designed for expansion across multiple industries and environments.
All expressions of interest and indicative offers are to be directed to Hilco in writing. A Bid Submission Form is available on request. Please contact Hilco to gain access to a virtual data room for further information on signing a confidentiality agreement.
Hilco is acting as exclusive agent to the Proposed Liquidators of the Company in connection with the proposed sale of some or all of the Company’s assets.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Proposed Liquidators or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified by the Proposed Liquidators or Hilco.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Proposed Liquidators of the Company.
