Based in Belfast, ICONI is a leading provider of government grant software services. The Shareholders wished to realise their investment in the business.


Raven undertook an acquiror strategic review and targeted relevant companies which met the defined criteria. Raven advised the shareholders on the sale of ICONI to US-headquartered Banyan Software Inc. in October 2023.


The results, in total, 135 number of companies were profiled, and contact made with 20. The results, we negotiated the deal and project managed the transaction process through to completion, achieving a full-sale for the client with a significant return.

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