FileOnQ Inc. Acquired by Sloane Street Partners LLC following introduction by Rejigg
The Californer/10259627

SAN FRANCISCO, Nov. 1, 2023 ~ Today, Rejigg announced that FileOnQ, a leader in providing software solutions for Public Safety and Justice, was acquired by Sloane Street Partners, an investment fund focused on long-term growth and value creation. The acquisition will allow FileOnQ to further its mission of providing scalable software and service solutions to agencies within the criminal justice and law enforcement communities.

Rejigg facilitated the initial introduction between FileOnQ and Sloane Street Partners via their first-of-its-kind platform that introduces business owners directly to buyers. Kim Webley, FileOnQ's founder, expressed his enthusiasm for the deal: "FileOnQ has been around for a long time, and has built a solid foundation servicing great customers. We've built a great product, and we were happy to find the right partner with whom we can realize our larger vision of being a platform for public safety in a very big way." Kim will remain with the company as Director of Corporate Development with a focus on partnerships, acquisitions, and high value customers.

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Christophe Michotte, Founder and Managing Partner of Sloane Street Partners was introduced to Kim Webley through the Rejigg platform in early April. An LOI was signed in early May and the deal closed in September. Barrett Glasauer, Rejigg's CEO commented on the successful outcome: "We are thrilled by the outcome here and glad that our platform was able to connect a high-quality business like FileOnQ with a motivated and capitalized buyer like Sloane Street." Christophe echoed this sentiment: "You need to build trust early on. If you have a direct line of communication between the seller and the investors and that trust is there, then you can really go quickly from there because then everyone is on the same page."

The acquisition of FileOnQ by Sloane Street Partners marks an exciting new chapter for both companies as they look forward to realizing their larger visions together.

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