Customer Assurance – Change of Ownership
Following the acquisition of Lasernet by Tabellae BidCo, and the subsequent delisting of the company, we would like to provide customers with confirmation of the continued stability and continuity of our business.
The transaction represents a change in ownership of the business. It does not represent a change to the legal entity providing your services or to your existing contractual relationship with us.
No change to your contracting entity
Your existing relationship with Lasernet remains unchanged.
- The same legal entity continues to provide your services.
- Our company registration details remain unchanged.
- Our VAT registration number remains unchanged.
- Your current contract will continue as normal.
- Existing contractual obligations, service commitments and support arrangements continue to apply.
- No new contracting entity has been introduced as a result of the acquisition.
Accordingly, existing customer agreements remain in place and continue unchanged.
Financial stability
The business continues to operate as a going concern following the acquisition by Tabellae BidCo.
The company has the financial resources and operational capability required to continue delivering and supporting its products and services to customers.
As part of our customer assurance, we can confirm that the financial position of the business has been strengthened following the acquisition. The Tabellae Group has delivered solid financial results over the years and maintains a sound financial position, with no indications of solvency concerns.
In addition, the Group is backed by well-established institutional investors at the ultimate ownership level, providing further financial strength and long-term support.
The acquisition provides the business with the support and resources of the wider Tabellae Group and does not reduce the resources available to deliver our existing customer commitments.
No change to service delivery
The acquisition and subsequent delisting have not changed the way our services are delivered.
Our existing teams continue to operate and support our products and services, including the Lasernet Cloud platform. Existing customer support, service management, infrastructure and operational arrangements remain in place.
There has been no change to the underlying service solely as a result of the change in ownership.
No change to partner relationships and delivery
Our existing partner relationships and delivery arrangements continue following the acquisition.
Where services are delivered or supported in conjunction with established partners, the existing relationships and arrangements remain in place. Customers can continue to work with their existing Lasernet contacts and partners under the existing delivery model.
Management and governance
The business continues to be managed and operated by an established management team with responsibility for customer service, product development, security, cloud operations and day-to-day service delivery.
Details of the company's current directors and governance arrangements are available through the company's corporate records and can be provided to customers where required.
Customer assurance
We recognise the importance of supplier continuity to organisations operating in regulated industries.
Our objective is to provide customers with clear evidence that the change in ownership has not altered the underlying contracting entity, contractual relationship, service delivery or ability of the business to meet its ongoing obligations.
If you have any further questions or concerns regarding the acquisition, your existing agreement, or the continuity of our services, please complete the form below and a member of the Lasernet team will reach out to you or you can also contact your Lasernet account manager or usual Lasernet contact directly.