Civica acquires schools cashless catering specialist NRS
CIVICA Group has expanded its presence in the UK school software market by acquiring cashless catering market specialist Nationwide Retail Systems (NRS) for an undisclosed sum.
Barnsley-based NRS developed market-leading cashless catering management system Trust-e, which is deployed in more than 2000 UK schools and colleges, alongside unique EPOS software for the hospitality industry.
Digital technology group Civica provides software applications and outsourcing services to public services and regulated markets, including a financial management solution serving more than 6000 schools.
The move continues Civica’s strategy to complement organic growth with the acquisition of software-based businesses which extend the company’s leading position in existing and adjacent market sectors. It adds technologies that Civica does not currently offer, including an effective identity management solution, and will result in an enlarged payments business with the opportunity to expand on the current market presence of both organisations.
NRS was advised by BCMS. BCMS Lead Advisor Jonathan Tate commented: “There was significant interest in acquiring NRS from a number of parties, however Civica emerged as the best fit for NRS. We look forward to seeing this new partnership go from strength to strength.”
ABOUT NATIONWIDE RETAIL SYSTEMS
Established in Barnsley in 1980, Nationwide Retail Systems (NRS) specialises in the supply, installation and support of cashless payment systems for the catering environment to the UK education sector, serving more than 1700 schools including 250 academies. Within its Hospitality EPOS business, NRS supplies hundreds of installations to restaurants, pubs, hotels, nightclubs, stadia, theme parks and casinos. The firm employs around 70 staff and is based on a single site.
ABOUT CIVICA GROUP
Civica Group Ltd is a specialist system and outsourcing services company, headquartered in London with offices in UK, Australia, New Zealand and North America. Civica serves around 1,800 customers worldwide, providing business-critical technology solutions across the public and private sectors. Civica was formed via management buyout in 1999 and has acquired 12 businesses since to complement its organic growth.