Software Sale & Purchase.
EscrowNZ protects your assets during the purchase or sale of a business or stand-alone software system.
Security = peace of mind.
How does it work?
The escrow process is simple:
When it comes to the sale of a business (including its software assets) or a stand-alone software system, releasing the software must be done in a managed way, ensuring the interests of both parties are protected.
We protect the seller by taking their material subject to a sale and purchase agreement, and only releasing the material upon confirmation of sale conditions by both parties.
We protect the purchaser by ensuring that once the sale conditions have been met, the material will be released to them without delay.
Pricing.
The base cost model for our Software Sale & Purchase service is provided on application.
Contact us to find out more.
Other Costs.
The following additional fees may apply:
Modifications to standard Escrow Agreement - from $195+GST
Contested Release: recovery of any legal costs
FAQs.
Who is this service for?
EscrowNZ provides simple escrow solutions for your source code, data or documentation. Our service is designed to maintain the integrity and security of any business or project, while protecting all parties involved.
How do I deliver my material for escrow?
A copy of your source code, data or documentation must be saved onto physical media. Coded shipping labels can then be printed from the EscrowNZ client portal and attached to the courier pack, ensuring the anonymity of your material. You can also drop material directly in to our Head Office.
How do I access my material if needed?
If the material in question is set to be released, EscrowNZ will liaise with the relevant party to get the material to them – via courier or pick-up.
If any party would like to inspect the material, we will organise a time for all parties in the agreement to meet and review it (with oversight from EscrowNZ), to ensure the material is protected and securely deposited back into our vault.
“EscrowNZ has supported our business for over 8 years.
They provide peace of mind for us and our clients with the secure services they offer. The process is simple and cost effective and adds value to our clients.”
— National software and solutions business