Access Technology Group acquires Armstrong Consultants
Press Release - Monday, April 07, 2008
Access Technology Group today announces a significant step forward, consolidating its position as the UK’s leading mid-market business and accounting software supplier. The acquisition of major software specialist, Armstrong Consultants, sees the Group close to achieving its 2010 milestone of £30m turnover - more than a year earlier than planned.
For the second year running, Armstrong Consultants has been listed in the top twenty of the Sunday Times list of ‘Best Small Companies To Work For’. The business fit between the two organisations is excellent and there are no plans for any redundancies on either side.
The Access Technology Group aims to grow its business to £100m turnover by 2017 by acquiring vertical market software houses - Armstrong Consultants is very successful in the professional services and service management markets. Customers currently served by the award-winning software provider will see their existing close working relationships further strengthened and supported by Access Accounting, a company that has consistently increased its customer base since it was founded in 1991.
Alistair O’Reilly, Group Managing Director of Access Technology Group, explains: By further developing our routes to market and extending the range of products and services available across our network of channel partners, we will be providing an even greater offering to our growing customer base.
Our channel is an intrinsically important link with our customers, from whom we can learn a great deal. Armstrong Consultants has been one of the fastest growing companies we deal with and there are great synergies between the company and the Access Technology Group. By acquiring the business, we hope to accelerate its already impressive growth rate and make its strong research and development capability available to a broader client base.
Chris Bayne is Managing Director of Armstrong Consultants. For fourteen years we’ve thrived on growth driven by staff motivated to make their customers feel valued. We see the same culture in the Access Technology Group, backed by high quality and innovative products. We’re looking forward to finding new ways to impress customers together.
ATG 070408 HC AcqArm
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
