M&A Deal Summary

TP Group Acquires Flexible Software Solutions

On February 7, 2017, TP Group acquired software company Flexible Software Solutions

Acquisition Highlights
  • This is TP Group’s 1st transaction in the Software sector.
  • This is TP Group’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-02-07
Target Flexible Software Solutions
Sector Software
Buyer(s) TP Group
Deal Type Add-on Acquisition

Target

Flexible Software Solutions

Somerset, United Kingdom
Flexible Software Solutions Ltd. is a developer of safety-critical software for the defence and commercial sectors. Company Delivering software consultancy to large companies and military projects. Developing software, databases and tool integration for small to medium sized businesses.

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Buyer(S) 1

Buyer

TP Group

Reading, United Kingdom

Category Company
Founded 1996
Sector Diversified
Employees400
Revenue 59M GBP (2020)
DESCRIPTION

TP Group is a combination of advanced engineering, service and technology capabilities that provide support to customers and partners at every stage of their equipment lifecycle. Company approach is based upon industry standard lifecycle management, which means to provide specialist skills and knowledge from the original idea, through design, build, use and replacement, feeding into new concepts and equipment using the latest technologies. TP Group was founded in 1996 and is based in Reading, the United Kingdom.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United Kingdom M&A 3 of 3
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 ALS Technologies

Wincanton, United Kingdom

ALS Technologies Ltd. is a provider of systems engineering and assurance capability for mission support, flight control, combat systems and tactical information systems in the aerospace and defence markets.

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