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Access acquires Delta Software

Access Group, a business software provider backed by Lyceum Capital, has acquired Delta Software in a GBP5.4m deal.



The acquisition is Access’ fifth since Lyceum Capital backed a GBP50m buyout of the group in March last year to support its long-term growth strategy.
 
Since then, the company has consolidated its re-seller channel with the acquisition of its four largest partners – ATL, Elite, Hoge and DHC Finance – to create a direct-to-customer model.
 
Established over 20 years ago, Access provides a range of enterprise resource planning software and services, with a particular focus on financial, human capital and supply chain management systems. It supports over 5,000 mid-sized and large corporate customers across a wide range of sectors.
 
Delta, which supports over 100 customers predominantly in the third party logistics sector, will have the opportunity to cross-sell Delta software to over 850 Access customers in the manufacturing, distribution and logistics sectors.
 
Jeremy Hand (pictured) of Lyceum Capital and a director of Access says: “This is an important step in Access’ long-term growth strategy which greatly strengthens its customer proposition in the supply chain space. Over the last 12 months, the business has grown organically twice as fast as its competition, consolidated its reseller base giving a more customer-centric approach, invested in its infrastructure to support continued growth and developed an exciting suite of next generation cloud based services set for launch this year. Looking forward, we’re excited about the prospects for Access.”
 
Chris Bayne, Access chief executive, says:  “Acquiring Delta enables us to provide a complete warehouse management solution to our customers that fully integrates with our financial and supply chain management solutions. This creates a compelling proposition for a number of key growth sectors, where demand for single-sourced software solutions is strong, as well as significant cross-sell opportunities across the enlarged customer base. The acquisition is also a further demonstration of our commitment to improving our customers’ organisations with a comprehensive, powerful and market-leading range of business software applications.”

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