M&A Deal Summary

Altitude Group Acquires Promoserve Business Systems

On July 3, 2006, Altitude Group acquired software company Promoserve Business Systems

Acquisition Highlights
  • This is Altitude Group’s 1st transaction in the Software sector.
  • This is Altitude Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-07-03
Target Promoserve Business Systems
Sector Software
Buyer(s) Altitude Group
Deal Type Add-on Acquisition

Target

Promoserve Business Systems

Sheffield, United Kingdom
PromoServe offers a suite of "Cloud" and Server based software to corporate gift and clothing distributors and suppliers.

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Buyer(S) 1

Buyer

Altitude Group

Sheffield, United Kingdom

Category Company
Founded 2004
Sector Information Technology
Employees111
Revenue 24M GBP (2024)
DESCRIPTION

Altitude Group is a provider of technology and information services to the promotional products, print, and clothing industries, which operates under the Customer Focus brand. Altitude Group was founded in 2004 and is based in Sheffield, England.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1