Access Technology Group to create dedicated M&A team
Press Release - Monday, September 03, 2007
Access Technology Group (ATG), the independently owned parent company behind the award-winning Access Accounting, is to create a dedicated M&A team as part of its aggressive growth plans to double turnover to £30m in the next three years. ATG announced this week that it had already hired its first recruit, commercial director Chris Tossell.
Alistair O’Reilly, group managing director for ATG, commented, “The move will help us gain greater leverage from Access Accounting’s flagship software solutions, making them more accessible to a broader range of vertical market sectors. There are many smaller entrepreneurial software houses, designing excellent business systems, that are currently struggling to compete in a market dominated by much larger competitors such as Microsoft and SAP.
“As part of ATG, they will be associated with the Access brand, which has helped our current acquisitions to gain a substantial rise in new business sales. Unlike the major consolidators in the industry, ATG also focuses on investing in the expansion of R&D and key personnel to drive each new subsidiary forward.
“Chris will play a vital role in managing our M&A activity, targeting those organisations that are looking to strengthen their own position and have high level expertise in a specialist or niche software market. Chris’ wealth of industry experience will be invaluable to this process - I am delighted to welcome him on board.”
Chris joins ATG following 10 years at RM Plc, a provider of ICT software, infrastructure and services to the education sector. During his time with RM, he held a number of different senior management roles and was responsible for opening subsidiaries in both the US and Australia where he was pivotal in winning several state-wide multi-million dollar contracts.
For more information on ATG visit www.access-technologygroup.com or contact Alistair O’Reilly or Chris Tossell on 0845 345 3300.
ATG.030907.HC.M&ADrive
Notes to Editors:
Access Accounting is the UK’s leading business software house serving the mid-market. Its solutions have been chosen by over 10,000 UK companies - helping them to achieve business success.
A subsidiary of Access Technology Group Ltd, Access Accounting was the first UK vendor to recognise the potential of Windows and create a mid-range accounting platform based on this technology. Today it offers four scalable, web-enabled systems including its flagship solution, Access Dimensions. The company also offers Access Payroll, a combined payroll/personnel suite, which is fully compliant with the latest CIS regulations.
Access Accounting is a Microsoft Gold Certified Partner and a member of the Business Application Software Developers Association (BASDA). It has also received accreditation from major authorities including the Institute of Chartered Accountants in England and Wales (ICAEW) and the HM Revenue & Customs’ rigorous Payroll Standards Scheme. In 2007, the company won ’Financial Software Provider of the Year’ in the Real FD/CBI FDs’ Excellence Awards and ’Mid-range accounting Software Provider of the Year’ in the Sift Media Business Software Satisfaction Awards – both voted for by customers.
Media information:
Helen Carpenter
Head of Group PR
Access Accounting Ltd
T: 01206 322575 / 07833 936311
F: 01206 322956
E: helen.carpenter@access-accounts.com
W: www.access-accounts.com
