M&A Deal Summary

Access Group Acquires CoreHR

On March 5, 2020, Access Group acquired software company CoreHR from JMI Equity

Acquisition Highlights
  • This is Access Group’s 5th transaction in the Software sector.
  • This is Access Group’s 1st transaction in Ireland.

M&A Deal Summary

Date 2020-03-05
Target CoreHR
Sector Software
Buyer(s) Access Group
Sellers(s) JMI Equity
Deal Type Add-on Acquisition

Target

CoreHR

Cork, Ireland
CoreHR manages all strategic and transactional HR and Payroll processes with highly intuitive and easy to use solutions that streamline processes, improve operational efficiencies and reduce costs.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Access Group

Loughborough, United Kingdom

Category Company
Founded 1991
Sector Software
DESCRIPTION

Access Group is a provider of fully integrated business management software. Its portfolio spans ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation and manufacturing. Access Group was formed in 1991 and is based in Loughborough, United Kingdom.


DEAL STATS #
Overall 8 of 19
Sector: Software M&A 5 of 12
Type: Add-on Acquisition M&A Deals 8 of 18
Country: Ireland M&A 1 of 1
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 People HR

Epworth, United Kingdom

People HR is a HR solutions provider, with more than 5,000 companies utilizing their solution to transform their organizations into social enterprises. People HR was founded in 2012 and is based in Epworth, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-19 Eclipse Legal Systems

Bradford, United Kingdom

Eclipse Legal Systems is a provider of case management, practice management, matter management, and process management software to clients range from household-name commercial organizations and heavyweight law firms, through to niche market operators and sole practitioners. Its Proclaim system is in use by over 25,000 professionals in a vast range of sectors, and is the only solution of its type to be Endorsed by the Law Society. Eclipse Legal Systems was formed in 1987 and is based in Bradford, United Kingdom.

Buy £57M

Seller(S) 1

SELLER

JMI Equity

La Jolla, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 7.5B USD
Size Mega
Type Sector Focused
DESCRIPTION

JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $25 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.


DEAL STATS #
Overall 97 of 107
Sector: Software M&A 50 of 55
Type: Add-on Acquisition M&A Deals 62 of 68
Country: Ireland M&A 1 of 1
Year: 2020 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 The Ultimate Software Group

Weston, Florida, United States

The Ultimate Software Group, Inc. is a provider of cloud-based human capital management (HCM) solutions. Ultimate delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. The Ultimate Software Group was founded in 1990 and is based in Weston, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-17 Bloomerang

Indianapolis, Indiana, United States

Bloomerang is a cloud-based donor management software tool designed to help nonprofits reach, engage, and retain the advocates they depend on to achieve their vision for a better world. Bloomerang was formed in 2012 and is based in Indianapolis, Indiana.

Buy -