M&A Deal Summary

Christie Group Acquires Groupe Timeless SA

On March 8, 2000, Christie Group acquired information technology company Groupe Timeless SA for 7M GBP

Acquisition Highlights
  • This is Christie Group’s 1st transaction in the Information Technology sector.
  • This is Christie Group’s 0th largest (disclosed) transaction.
  • This is Christie Group’s 1st transaction in France.

M&A Deal Summary
Date 2000-03-08
Target Groupe Timeless SA
Sector Information Technology
Buyer(s) Christie Group
Deal Type Add-on Acquisition
Deal Value 7M GBP

Target

Groupe Timeless SA

France
Groupe Timeless SA is a supplier of EPoS and Head Office systems to the fashion retail sector, with an established customer base of 3,000 licences in Europe. Timeless is complementary to Christie's software business, Venners Computer Systems, which specialises in providing EPoS systems, site management software and e- business solutions to the leisure and hospitality markets.

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Buyer(S) 1

Buyer

Christie Group

London, United Kingdom
Category Company
Founded 1846
Sector Business Services
Employees1,307
Revenue 66M GBP (2023)
DESCRIPTION

Christie Group is a professional business services group with 46 offices across the UK, Europe and Canada, catering to its specialist markets in the leisure, retail and care sectors. Christie Group operates in two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie & Co, Pinders, Christie Finance and Christie Insurance: SISS - Orridge, Venners and Vennersys. Christie Group was incorporated in 1846 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 4
Country (France) 1 of 1
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-17 Orridge

Aldridge, United Kingdom

Orridge & Co. Ltd. is an independent stocktaker in the UK serving the Retail Sector. It has been established for 156 years and its clients include major retailers. Orridge conducts a wide array of Stock and Inventory services focused on retail, warehousing distribution, manufacturing, industrial and pharmacy sectors.

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