Anite Group PLC
2 November 2001
Friday 2nd November 2001
Anite makes further public sector acquisition
Anite Group plc ('Anite'), the European IT consultancy and services company,
today announces that it has acquired Braid Hill Holdings Ltd ('BH'), an
Edinburgh based public sector software business focusing on support for the
Criminal Justice community. The business will be merged into Anite Public
Sector's Scottish operation, Anite Scotland Ltd.
The total consideration payable in shares comprises an initial consideration
of £200,000 with up to a further £100,000 deferred consideration, payable on
the achievement by BH of certain profit and revenue targets.
Founded in 1993, BH has established a considerable market presence with the
district courts service in Scotland, providing court management and fine
processing solutions to 57 out of the 71 courts. BH's portfolio also
incorporates Local Authority applications covering licensing administration
and on-line publication of committee information from their Council
Information System (CoInS).
Anite Scotland is an existing supplier to Local Authorities and organisations
in the Scottish Criminal Justice community such as the Crown Office and
Scottish Court Service, and is committed to supplying the software services
that contribute to the environment in which the Integration of the Scottish
Criminal Justice Information Systems (ISCJIS) initiative can evolve. The
acquisition of BH will significantly strengthen this position with the
addition of the company's Fines and Court Management software solutions in the
district courts component of the ISJCIS loop.
Overall, the acquisition reinforces Anite's strategic focus on enabling
joined-up working across Central and Local Government, strengthening links
between Anite's Criminal Justice and Local Authority portfolio of software and
services, particularly in the Social Care arena, across the whole of the UK
public sector market.
Anite's Chief Executive John Hawkins, commenting on the acquisition, said:
'Our strategy has been to build up Anite by selective acquisitions and organic
growth. We now have a highly successful Public Sector business, that is well
managed and rapidly growing, based on a strong portfolio of solutions for both
Local and Central Government that uniquely positions us to meet the challenges
of joined up government.'
- Ends -
For further information please contact:
Anite Group Plc 0118 945 0121
John Hawkins, Chief Executive www.anite.com
Golin/Harris Ludgate 020 7324 8888
Reg Hoare/Laurence Read
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.