Capita acquires Ventura

1 July 2011 Capita acquires customer contact centre specialists, Ventura The Capita Group Plc (`Capita') announces today that it has acquired Ventura, a customer contact specialist for a cash consideration of £65 million on a cash-free, debt-free basis. Ventura, the trading name of Club 24 Ltd, is the third party customer services management arm of Next plc and manages more than 50 million customer contacts each year for a range of additional private and public sector clients. Ventura is particularly strong in the private sector with clients including a number of leading telecoms, utilities and retail companies, such as O2, Orange, British Gas and BMI. Ventura made a pro forma operating profit for its financial year to 31 January 2011 of £8 million on turnover of £156 million. The acquisition will increase Capita's capacity for customer management services, providing additional front office services and flexible capacity for existing Group clients and the opportunity to provide Ventura's client base with access to Capita's wider service offering. Commenting on the deal, Paul Pindar, Chief Executive of The Capita Group Plc said: "The acquisition of Ventura is a good strategic fit with our existing integrated outsourcing services. Ventura's flexible service model complements our established customer contact operations which are integral to many of our long term contracts and businesses. It also provides Capita with opportunities to offer wider customer management and back office outsourced services to key, blue chip clients across additional industry sectors. We will be able to offer an enhanced customer management proposition, including providing customer acquisition and sales, help and information lines, technical support and emergency response both on a long or more flexible basis, alongside our breadth of administration and professional support services." Ian Cherry, Managing Director, Ventura, added: "This is a great way to take the business forward; this news will strengthen our service to clients and business prospects. We are very excited about the future and look forward to offering our clients even more innovative solutions in customer management outsourcing than ever before." Ventura has around 8,000 employees, mainly in Yorkshire, Cardiff, Milton Keynes and Pune, India, who will transfer to Capita. -ends- For further information: The Capita Group Plc Tel: 020 7799 1525 Paul Pindar, Chief Executive Shona Nichols, Corporate Communications Director Media enquiries Capita press office Caroline Mooney Tel: 0207 654 2152 or 020 7654 2399 (out of hours) Notes to editors The Capita Group Plc is the UK's leading provider of BPO and integrated professional support service solutions. With 37,000 people at more than 350 sites, including 64 business centres across the UK, Ireland, the Channel Islands and India, the Group uses its expertise, infrastructure and scale benefits to transform its clients' services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with revenues for 2010 of £2,744 million. Further information on The Capita Group Plc can be found at: http://www.capita.co.uk

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