Software group looking to acquire a product or services business with clear differentiation and repeatable revenues. Target focus: Misc Technology. Interest in businesses with embedded client relationships, robust delivery processes and clear IP ownership. Open to modest deferred consideration where retention and revenue quality metrics are measurable. Integration would be staged, protecting customers and retaining key talent. US buyer open to UK targets where retention metrics, IP ownership and reporting are proven. Target turnover band £5m to £10m.