2014-02-04 11:08:40 - Acquisition furthers Advanced’s expansion into education sector
Advanced Computer Software Group plc (Advanced), provider of healthcare, business management and learning management software and services, today announces that it has acquired Compass Computer Consultants Limited (Compass), one of the UK’s market leading education software providers, for a net £14.5 million.
Compass, based in Cheshire, provides fully integrated record management and customer relationship (CRM) systems which are used by more than 80% of UK colleges and increasingly by the Learning and Skills Council.
Compass will be integrated into the Group’s Business Solutions division, where it will complement existing education software solutions for local authorities, schools, academies and higher and further education providers.
Vin Murria, CEO, Advanced Computer Software Group says, “This is an important acquisition for Advanced because
it further expands our presence within the education software sector across the UK and Ireland.
“Compass has an impressive range of solutions which complement our existing education sector offering. Since the launch of its first college-based software solution, ProAchieve, in 1999, Compass has earned a reputation for providing a wide range of intuitive, high quality, user-focused solutions to meet the challenges faced by further education providers.
Compass is the second education software company to have been purchased by Advanced. The Group acquired management information system provider, Serco Learning in December 2012. Advanced now provides innovative technology solutions to more than 2,000 educational institutions throughout the UK and across the world.
The acquisition was overseen by BCMS, one of the UK’s leading advisors to sellers of privately owned businesses.
Note to editors
About Advanced Computer Software Group plc www.advancedcomputersoftware.com
Advanced Computer Software Group plc (Advanced) is a leading supplier of software and IT services to both public and private sectors which assist organisations to improve efficiency and reduce costs.
The Group operates as three divisions:
Advanced Health & Care sells a range of products to the NHS and private healthcare sector including patient workflow management for urgent and unplanned care providers; patient case management for social care providers; mobile applications for care in the community providers and rostering applications for social care settings.
Advanced Business Solutions provides accounting, payroll, HR, CRM and document management solutions to local authorities, healthcare organisations, law firms and private sector businesses including banks, manufacturers, retailers, charities and travel companies.
Advanced 365 delivers managed services to support Group products and to a wide range of customers including banks and financial institutions, membership bodies and healthcare organisations. Services can be delivered either on-premise or as cloud-based models depending on customers' requirements.
Advanced Computer Software Group plc ("Advanced or the "Group") is a leading supplier of software
Angela Mycock, Advanced Computer Software Group
+44(0)1625 856 513