M&A Deal Summary

Access Group Acquires Servelec

On September 1, 2021, Access Group acquired software company Servelec from Montagu

Acquisition Highlights
  • This is Access Group’s 8th transaction in the Software sector.
  • This is Access Group’s 9th transaction in the United Kingdom.

M&A Deal Summary

Date 2021-09-01
Target Servelec
Sector Software
Buyer(s) Access Group
Sellers(s) Montagu
Deal Type Add-on Acquisition

Target

Servelec

Sheffield, United Kingdom
Servelec is a software provider to healthcare and local authorities based in the UK, to The Access Group. The company has over 40 years’ experience in developing mission-critical software solutions to deliver better care. Servelec is a trusted supplier to more than 45 NHS trusts and over 150 local authorities, providing an integrated approach across social care, healthcare, and education. Its extensive product portfolio, including systems for electronic patient records, social care case management, schools’ admissions, youth services reporting, and patient flow and bed management, is designed with the sole purpose to support effective decision-making and to maximise time spent providing efficient, patient-focused care. Servelec was formed in 1977 and is based in Sheffield, United Kingdom.

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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 11 of 19
Sector (Software) 8 of 12
Type (Add-on Acquisition) 10 of 18
Country (United Kingdom) 9 of 12
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-12 Unleashed Software

Takapuna, New Zealand

Unleashed Software is a provider of an inventory management software for the manufacturing, wholesale and distribution markets across Australasia, the UK, US and EMEA. Unleashed Software is based in Takapuna, New Zealand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 COINS

Latham, New York, United States

COINS is a construction management software and services company providing end-to-end business solutions to the contracting, home building, and service management sectors, globally. It has more than 40 years of experience serving construction professionals, with a global team supporting over 100,000 users worldwide. COINS was formed in 1986 and is based in Latham, New York.

Buy -

Seller(S) 1

SELLER

Montagu

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Montagu is an independent private equity firm focused on European management buyouts and growth capital transactions. The Firm seeks opportunities valued between €100 million and €1 billion. Sectors of interest include healthcare, medical products, financial services, software, IT, information services, and education. Montagu dates back to 1968 and is based in London.


DEAL STATS #
Overall 72 of 76
Sector (Software) 3 of 3
Type (Add-on Acquisition) 28 of 31
Country (United Kingdom) 41 of 41
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-09 Education Software Solutions

London, United Kingdom

Education Software Solutions is a standalone provider of management information systems (MIS) and related software for the education sector. Education Software Solutions is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Eudonet

Courbevoie, France

Eudonet is a developer of CRM software serving 1,200 customers and 53,000 users, across France, the Netherlands, the UK, Belgium, Switzerland, and Canada. Eudonet is a CRM provider for associations, local authorities, and higher education by developing products with a large set of pre-configured functionalities targeting specific customer needs. Eudonet was founded in 2000 and is based in Courbevoie, France.

Buy -