COA takeover will help our channel says Version One
With ACS heavily entrenched in NHS IT, Buck believes “[the takeover] could offer cross selling opportunities across new markets for our partners – whatever vertical market opens up, we won’t rule ourselves out of it.”
A secondary ACS product automates the flow of information between the National Nurse Helpline Services and the operational hubs of the Primary Care Trusts. Adastra’s software is licensed to more than 5,000 seats and transacts 14m patient episodes every year.
ACS is driven by Vin Murria, the Group's chief executive, who commented, "This is an excellent earnings-enhancing acquisition that significantly strengthens our position in the healthcare and public sector markets. It also brings us direct engagement with senior decision makers who need to deliver the kinds of efficiency savings that our combined product set can offer.”
“There are substantial opportunities to cross sell our existing healthcare products into new markets while many of our existing healthcare clients could benefit from management tools in the COA product suite.” she adds.
Murria is highly respected and led her old takeover vehicle Computer Software Group (CSG) over the course of four years acquired 16 businesses in the early part of the decade. She also led a £91m management buyout then rolled the business together and sold it on to a private equity group for around £500m. For VersionOne , the enlarged group could open doors in primary care as well as the potential to attract new partners, especially in Vietnam and India where the Group has offices.
