Posted Friday 13th December 2024
Joelson, the leading London law firm, has successfully advised the founder and shareholders of InspiredMinds! on its sale to US-based Growth Catalyst Partners (GCP). The deal marks a significant milestone for InspiredMinds!, reaffirming its position as a global leader in the AI and healthcare innovation space.
Founded in 2017 by Sarah Porter, a trailblazer in AI advisory and technology entrepreneurship, InspiredMinds! has championed ethical AI development and fostered an unparalleled community spanning over 160 countries. With more than 300,000 members across industries—including policymakers, researchers, big tech, and startups—they have established a dynamic platform for dialogue and action around artificial intelligence.
Joelson’s Corporate team, led by Phil Hails-Smith (Partner), with support from Harriet McDonald and Georgia Edmonson, provided strategic legal advice throughout the transaction. Their efforts were instrumental in structuring and negotiating the deal to meet Sarah Porter’s goals and ensure a seamless transition. The transaction underscores Joelson’s expertise in advising Founders, entrepreneurs and business leaders in the technology and events sectors on high-profile exits.
Sarah Porter, Chief Executive Officer of InspiredMinds!, commented:
“A big thank you to Phil, Harriet, Georgia, and the rest of the team at Joelson. This transaction represents a major milestone for Inspired Minds! and will enable the company to scale its vision on a global level. I am deeply grateful to the Joelson team for their exceptional guidance and support throughout this process. Phil and his team have been with me from the start and their advice has been instrumental throughout. Their expertise and dedication were essential in achieving a successful outcome.”
Phil Hails-Smith, Partner at Joelson added:
“It has been a privilege to work with Sarah and Inspired Minds! on this landmark transaction. We are delighted to have been part of this incredible story from the start. The company’s mission to harness technology for societal good is truly inspiring, and we are thrilled to have supported Sarah in achieving this significant step in her journey. We wish Inspired Minds! and GCP continued success in their partnership and look forward to supporting them as they grow & scale.”
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
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