Iris software group limited company profile endole. Hgcapital mercury fund on its acquisition of sequel business solutions. Iris software is a professional software company having offices in usa, india and canada which provides high quality business solutions and support services. Iris software develops business management software for accountants, lawyers, charities and other organisations.
Software group acquired in major private equity buyout. We are proud to be associated with world class management like martin, neal, and vin. Deepen your expertise and learn from the insights of iris associates, consultants, software specialists and industry experts. Iris software group limited is an active company located in slough, berkshire. The iris software group company has been functioning successfully for thirteen years now and its status is active. Jun 10, 2007 accountancy software company iris has been sold as part of the formation of a new. It has made significant improvements in its products and. Iris software group limited in 470 london road slough. Before that, hellman worked in investment banking at. The price is thought to represent a market multiple of four times. Csg and iris swallowed up in private equity merger buy. Following her time at kewill, she started her own company, computer software group. Hgcapital reinvests in the uk business software firms, iris. Checkmarx is a provider of software security solutions for devops.
Iris software group helps over 80,000 businesses, schools and public sector organisations successfully managing their critical operational tasks. Hgcapital acquires majority stake in iris accountancy solutions. Software group acquired in major private equity buyout 23 may 2018 south east deals iris software group, a provider of businesscritical software and services to the uk accountancy, education and business market, has been acquired in a private equityled. Datatel was acquired from thoma bravo and its coinvestors, including trident capital, harbourvest partners and jp morgan asset management, first. The planned acquisition from thoma bravo and its coinvestors, including trident capital, harbourvest partners and jp morgan. Iris is a ukfocused diversified businesscritical software provider. Today, matrix is among the most prominent venture capital firms in the u. Iris software group primarily operates in various other vertical. Midmarket private equity group hgcapital is in discussions to purchase ias, the accountancy and payroll software division of iris software. The business is genuinely focussed on looking after its staff, and clients. Ias and isg were created following the split of iris software group ltd. May 12, 2020 deepen your expertise and learn from the insights of iris associates, consultants, software specialists and industry experts.
Iris accountancy solutions provides specialist applications software and. Csg and iris swallowed up in private equity merger buy it pro. Iris accountancy solutions is the uks leading provider of specialist applications software and solutions to the uk accountancy and payroll sectors, whilst iris software group primarily operates in various other vertical. Hgcapital eyes iris software unit institutional investor. Datatel was acquired from thoma bravo and its coinvestors, including trident capital, harbourvest partners and jp morgan asset management, first was announced on november 9, 2009. Carlos has a broad range of experience across leveraged buyouts, management incentive and promote arrangements, disposals and the development of. Notably, mick served as chairman of blackbaud, inc. Over our 23 year history we have made over 65 investments and nine investments in software. The company, which is based in berkshire, has launched a range of webbased products in the past year, as well as a web portal that allows its customers to share tips and ideas with each other. The pace is fast and can be challenging for some people. Murria has been a partner at elderstreet investments since 2002. Ul, it said on monday, in a deal that sources say values the business at about. The portfolio on their web site included the following firms.
This is where iris performs a critical business service for its clients by supplementing their technical bandwidth accurately and rapidly the iris advantage. Hgcapital previously held a minority stake in the parent company. Other recent investments include lpl financial, catalina marketing, kronos, sheridan healthcare, iris software group, doubleclick and the nasdaq stock market. To work for a company that adds tremendous value to propel your career your life at iris means a lifelong opportunity to explore your potential, continuous growth, and the. The firms office is based in slough at 4th floor heathrow approach. The iris software group is a great addition to that roster. Datatel acquired, attracts new financial sponsor gilfus. Hgcapital takes majority stake in business software group. Software group acquired in major private equity buyout 23 may 2018 south east deals iris software group, a provider of businesscritical software and services to the uk accountancy, education and business market, has been acquired in a private equityled buyout which values the company at about. Hgcapital acquires majority stake in iris accountancy. European midmarket private equity investor hgcapital has sold.
To work for a company that adds tremendous value to propel your career your life at iris means a lifelong opportunity to explore your potential, continuous growth, and the joy of working on the latest technologies. View iris software group limited profile, shareholders, contacts, financials, industry and description. We understand you need to be as effective and productive as possible, so you can deliver an unsurpassed service to your clients. Iris enablers at iris, we assist our clients with highquality it talent on demand in the shortest possible time, saving them valuable time and money. In 2008, murria founded advanced computer software group. Since 20120903 iris software group limited is no longer carrying the name software holdco 3. Hgcapital in talks to buy back ias financial times.
Nov 16, 2011 midmarket private equity group hgcapital is in discussions to purchase ias, the accountancy and payroll software division of iris software group, from private equity investment firm hellman. Iris software group has acquired 15 companies of its own, including 11 in the last 5 years. Hgcapital sells iris software and computer software group. Iris is a large software and services business that grows organically and through acquisition.
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