M&A Deal Summary

Sage Acquires Pro-Concept SA

On April 12, 2007, Sage acquired software company Pro-Concept SA for 8M GBP

Acquisition Highlights
  • This is Sage’s 14th transaction in the Software sector.
  • This is Sage’s 21st largest (disclosed) transaction.
  • This is Sage’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2007-04-12
Target Pro-Concept SA
Sector Software
Buyer(s) Sage
Deal Type Add-on Acquisition
Deal Value 8M GBP

Target

Pro-Concept SA

Switzerland
Pro-Concept is the largest mid-market ERP software vendor in French-speaking Switzerland, specialising in applications for public sector and the watch/precision mechanics industry. Pro-Concept was established in 1987 by three founders who will remain with the business. The company has over 350 customers.

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Buyer(S) 1

Buyer

Sage

Newcastle upon Tyne, United Kingdom

Category Company
Founded 1981
Sector Software
Employees10,740
Revenue 2.3B GBP (2024)
DESCRIPTION
Sage office in Reston, Virginia.
Sage office in Reston, Virginia.

Sage provides business management software and services for small and medium-sized businesses. Sage was founded in 1981 and is based in Newcastle upon Tyne, United Kingdom.


DEAL STATS #
Overall 16 of 36
Sector: Software M&A 14 of 29
Type: Add-on Acquisition M&A Deals 12 of 30
Country: Switzerland M&A 1 of 1
Year: 2007 M&A 1 of 6
Size (of disclosed) 21 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-13 Protx Group

London, United Kingdom

Protx Group Ltd. is an independent on-line payment service provider to SMEs in the UK, with a customer base of over 10,000 businesses. The company has gained approval from all major banks to facilitate secure on-line transactions, including Lloyds TSB Cardnet, Bank of Scotland, Barclays Merchant Services, HSBC, Natwest Streamline, American Express, Diners Card, JCB and Euroconex.

Buy £20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-08 Snowdrop Systems

Witney, United Kingdom

Snowdrop Systems Ltd. is a provider of human resources, personnel and payroll management software and related services to over 700 mid-sized businesses in the UK. The company, which was established in 1991, provides businesses with the software to automate and manage more effectively a broad range of HR activities including recruitment, personnel, pay and flexible benefits, e-HR, training and development and succession planning.

Buy £17M