Northgate Information Solutions, a provider of services to the public sector and utilities markets, yesterday completed its £54.3m purchase of Anite Public Sector Holdings Ltd as part of its long term strategic expansion programme in supporting public service transformation.
The deal comes seven months after the acquisition of Northgate Information Solutions plc by private equity firm Kohlberg Kravis Roberts & Co (KKR).
The acquisition is part of a long term strategy to broaden and strengthen Northgate’s capacity to meet its clients’ changing needs for citizen-centred services. It builds on the Northgate Public Service strong track record of successfully integrating seven acquisitions in the last five years. The acquisition strategy has generated profitable growth through promoting a performance culture, driving through innovation and putting quality at the heart of everything the company does.
The new organisation will have an expanded capability to deliver business-focused change programmes and integrated services to the local government, social housing and police and criminal justice public services markets. Northgate will add to its position in revenues and benefits and housing by providing a comprehensive range of services including social care and enhanced document management services.
David Meaden, Chief Executive of Northgate Public Services, said: “I am delighted that we have completed the deal which will bring real benefits to our clients, our employees and to our company as a whole. It marks an exciting new stage in our development and we look forward to the opportunities that will come as a result.
“Our ambition for our company is matched by our ambition for public services. We are fully committed to supporting public service transformation through innovation and the development of new forms of performance partnerships.
“This acquisition broadens and strengthens our capacity and our capability to successfully respond to large scale, strategic and complex procurements and deliver realisable outcomes. Successful transformation requires services which place citizens’ needs at their heart. This deal enhances and extends our ability to support our clients in achieving this crucial change.”
The deal was completed for a total cash consideration of £54.3 million, subject to the settlement of a £3.8 million receivable owed by Anite to Anite Public Sector and a working capital adjustment following completion. The Board of Anite announced that the resolution to approve the disposal of Anite Public Sector Holdings Limited, as detailed in the circular sent to shareholders dated 1 August 2008, was passed at a General Meeting on 29 August 2008. The OFT cleared the acquisition on 27th October 2008.
* - Article from Publictechnology.net
Showing posts with label Northgate Information Solutions. Show all posts
Showing posts with label Northgate Information Solutions. Show all posts
Tuesday, November 4, 2008
Friday, October 31, 2008
Kent Schools Outsource IT
* - Article from Silicon.com
Kent County Council has signed off a £29m outsourcing contract for Northgate Information Solutions to provide IT managed services to 11 schools in the area.
The contract will run for seven years and may be extended to a further 25 schools.
The move is part of a £600m project to refurbish, rebuild and transform the 11 schools into modern education institutions and a significant part of the contract with Northgate will be to deliver an online managed learning environment. This application will serve as a hub for students to deliver coursework to teachers from home or school, ready for marking.
The hub will also serve as a school management and administration tool, keeping track of student attendance and exam results. This information will also be made available to parents.
In addition to this, Northgate will also manage the schools' desktops, laptops, networked projectors, interactive whiteboards and handheld devices as well as a full wireless network for each site.
In a statement, Kent Building Schools for the Future programme director Grahame Ward said: "By equipping our schools with state-of-the-art ICT facilities, we will not only improve the business of education through more efficient school management process, greater collaboration and the sharing of resources, but also raise attainment and transform the educational opportunities available to young people."
A spokesman for Northgate said the project will start in a couple of months.
Kent County Council has signed off a £29m outsourcing contract for Northgate Information Solutions to provide IT managed services to 11 schools in the area.
The contract will run for seven years and may be extended to a further 25 schools.
The move is part of a £600m project to refurbish, rebuild and transform the 11 schools into modern education institutions and a significant part of the contract with Northgate will be to deliver an online managed learning environment. This application will serve as a hub for students to deliver coursework to teachers from home or school, ready for marking.
The hub will also serve as a school management and administration tool, keeping track of student attendance and exam results. This information will also be made available to parents.
In addition to this, Northgate will also manage the schools' desktops, laptops, networked projectors, interactive whiteboards and handheld devices as well as a full wireless network for each site.
In a statement, Kent Building Schools for the Future programme director Grahame Ward said: "By equipping our schools with state-of-the-art ICT facilities, we will not only improve the business of education through more efficient school management process, greater collaboration and the sharing of resources, but also raise attainment and transform the educational opportunities available to young people."
A spokesman for Northgate said the project will start in a couple of months.
Subscribe to:
Posts (Atom)
Posts
