Brainnwave
Hilco is seeking offers to acquire the intellectual property assets of Brainn Wave Limited and Brainnwave Group Limited (both, In Administration) (together, “Brainnwave” or the “Companies”) on behalf of the Joint Administrators of the Companies, Gary Lee and Frank Ofonagoro of Opus Restructuring LLP.
A pioneer in augmented business intelligence, Brainnwave has cemented its reputation as a transformative force in data-driven decision-making. Founded in 2015, the Companies developed Mosaic, a cutting-edge decision intelligence platform that empowers businesses and organisations to unlock insights from complex data, driving actionable strategies across industries. Through a robust combination of data visualisation, machine learning, and advanced analytics, Brainnwave positioned itself as an essential partner for enterprises navigating today’s data-centric world.
With Mosaic, Brainnwave targeted key sectors such as economic development, energy, mining, and infrastructure, providing tailored solutions to optimise decision-making processes. The platform’s unique AI-driven classifications go beyond traditional industry codes, offering an impressive ability to analyse regional strengths, supply chains, and local business landscapes. Leveraging advanced geospatial intelligence, the Companies created Mosaic seeking to redefine how organisations access and interpret critical data, enabling smarter, faster, and more informed decisions.
Brainnwave’s strategic partnership with Hatch, a global leader in engineering and professional services, proved the relevance of the Companies’ technology in high-demand sectors. This co-venture combined Brainnwave’s innovative AI-powered analytics with Hatch’s industry expertise, developing applications tailored to complex, data-intensive fields. The collaboration enabled the Companies to penetrate new markets and solidify its position as a trusted provider of decision intelligence solutions. Mosaic’s impact extended across organisations such as Noble, Aggreko, and Invest in Hamilton, with the Company’s turnover increasing consistently over the three years prior to Administration, recording a turnover of £1.8m in 2023. Prior to Administration, Brainnwave actively explored new partnerships with a strong pipeline of potential future customers.
This acquisition opportunity offers a strategic entry into the burgeoning decision intelligence market, leveraging Brainnwave’s legacy and reputation as a trusted innovator in data-driven analytics. By securing the Mosaic platform and associated intellectual property assets, a buyer can capitalise on the increasing demand for advanced business intelligence solutions, empowering organisations to harness data more effectively and transform decision-making across key industries.
The Brainnwave Brand
Brainnwave has established itself as a trusted and forward-thinking brand in the augmented business intelligence space. Known for its innovative approach to unlocking actionable insights from complex data, the Brainnwave name has come to represent cutting-edge software solutions tailored to industries ranging from economic development to infrastructure and energy.
The brand’s credibility has been bolstered by high-profile collaborations, particularly its strategic partnership with Hatch, a global leader in engineering and professional services. This co-venture brought Brainnwave’s AI-powered analytics into some of the world’s most demanding sectors, cementing its reputation as a brand that delivers impactful, real-world solutions. These partnerships have not only demonstrated the versatility of Brainnwave’s offering but also its ability to remain a key player in a competitive landscape.
Brainnwave has also gained notable press attention for its innovations and strategic direction, and its work with clients like Aggreko and Noble reflects its influence and the trust major organisations place in the brand.
At its core, Brainnwave is a brand built on innovation, adaptability, and a deep understanding of its clients’ needs. With a strong legacy of delivering impactful solutions and a reputation for forging meaningful partnerships, the Brainnwave brand offers a compelling opportunity for an acquirer seeking to leverage its credibility and influence in the rapidly evolving business intelligence sector.
Trade Marks
The Companies hold a portfolio of 8 UK-registered trade marks covering the “Brainn Wave” brand and logo, along with variations on the brand name, with international coverage. The Companies also likely hold unregistered rights in the “Mosaic” brand name.
Full details on the Companies trade marks are available via a virtual data room.
Technology
Brainnwave’s Mosaic platform is a sophisticated decision intelligence solution designed to analyse and visualise complex economic, business, and sectoral data. The platform works by integrating multiple data sources to provide clear, actionable insights tailored to industries such as economic development, energy, and urban planning. The technology combines AI-driven classifications, advanced data processing, and intuitive visualisation tools to deliver a comprehensive understanding of economic and business landscapes.
The Mosaic platform structures and normalises huge quantities of data, making it easier for users to compare and analyse key metrics such as sector growth, employment trends, and regional competitiveness. Mosaic’s capabilities include custom sector analysis, benchmarking, and peer comparisons. The underlying technology is modular, scalable, and efficient, allowing for quick customisation to meet client-specific requirements. Mosaic’s architecture supports real-time data updates and dynamic scenario modelling, making it a valuable tool for informed decision-making in fast-changing environments.
The platform has been successfully applied in real-world scenarios, including economic planning projects for governments and urban development initiatives for private enterprises, highlighting the technology’s ability to adapt to diverse use cases while delivering meaningful, measurable outcomes.
Acquiring Brainnwave’s technology offers access to a proven system with significant potential for expansion into new markets and applications.
Domain Names & Website Content
The primary brainnwave.ai domain name is available to acquire, along with a range of additional Brainnwave-branded domain names and miscellaneous related domain names.
Full details on the Companies’ domain names are available via a virtual data room.
The Companies own the copyright in the website content hosted at the domains, showcasing the business and its technology offering.
Social Media Accounts
Rights in the social media accounts are also available to acquire across LinkedIn and Twitter.
Full details on the Companies’ social media accounts are available via a virtual data room.
Client & Prospective Client Data
Brainnwave holds client details, including individual contacts at key organisations it has served, along with critical insights into past projects that provide a foundation for extending and developing strategic partnerships.
The Companies also hold the names and details of prospective clients in their pipeline materials.
Offers are due Wednesday 18 December 2024 at 2pm GMT.
All expressions of interest and bids 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 of further information on signing a confidentiality agreement.
The Joint Administrators act as agents of the Company and without personal liability.
The bidder acknowledges that Hilco acts as an agent for the Joint Administrators who offer for sale only what right, title and interest (if any) the Company possesses in the assets. Such sale will be without any warranties, expressed or implied. The information provided has not been verified by Hilco or the Joint Administrators and bidders are deemed to have carried out their own due diligence.
VAT, if applicable, at 20% will be added to the price. A non-refundable deposit of 20% will be payable by the buyer within 48 hours of bid acceptance. A buyer’s premium of 10% of the sale price is payable by the winning bidder. Legal completion to occur within 5 business days of bid acceptance. Hilco’s full Terms and Conditions apply.
