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Civica pumps up sales and profits
UK software and services outfit Civica enjoyed a growth spurt in 2009 aftercompleting five acquisitions during the year.
The firm, which was
snapped
up by private equity firm 3i in 2008, saw 2009 revenue rise by nine per cent
to £146m, while EBITDA powered up 13 per cent to £25.8m.
UK conquests during the year included revenues and benefits supplier
OpenRevenues, mobile specialist Limesoft and healthcare and social care provider
in4tek.
Last year also saw Civica winning its largest contracts to date, netting two
Building Schools for the Future deals in
Luton
and Barnsley expected to be worth more than a combined £60m.
Simon Downing, chief executive of Civica, said: “During a period of
significant development for the group we have continued to deliver good results
both financially and operationally and the business continues to grow
profitably.”
Public sector specialist Civica now has 1,483 employees and 1,800 customers.
As well as Civica UK, it operates in Australia, New Zealand and Asia Pacific
through Civica International and also has a reseller arm, Civica Services.
Civica, which claims to work with 94 per cent of the UK’s local authorities,
also recently
made
it onto the software Lot of the upcoming £6bn public sector commodity IT
framework.
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