Asidua sold to Civica
Asidua Ltd, a specialist provider of integration, software and consultancy services with a telecommunications focus, has been acquired by Civica UK Ltd, a wholly owned subsidiary of Civica Group Ltd. BCMS acted as lead sell side advisor to the vendors throughout the transaction, which completed in 2014.
“This is a very positive development for customers, partners and employees” – Dr Steve Brankin, Asidua
Originally formed through the MBO of a business unit of Fujitsu Telecommunications Europe Ltd in 2002, Asidua Ltd provides integration, software and consultancy services to corporate clients and to the public sector, as a trusted integration partner to police forces, and local and central government. The company has an established position in the telecom service provider, and equipment provider markets, via its operations in Belfast, Birmingham and Dublin. Asidua Ltd has a significant portfolio of intellectual property, and is recognised for its innovative service provision, including its leading Customer Contact Platform.
The acquirer, Civica UK Ltd is a wholly owned subsidiary of Civica Group Ltd, a market leader in specialist systems and business process services. The group applies software, cloud-based services and outsourcing to help customers transform the way they work, supplying more than 2,500 organisations in the UK, Australia, New Zealand, Singapore, Canada and the USA.
Deal commentary
Dr. Steve Brankin, CEO of Asidua Ltd, commented: “This is a very positive development for customers, partners and employees. As part of Civica, Asidua will benefit from the Group’s existing scale of operations. We have achieved good momentum and we look forward to building on our joint strengths and vision in order to deliver increasing value to customers.”
Simon Downing, chief executive of Civica Group, commented: “I am delighted to welcome Asidua to the Group. The company brings market-leading expertise which broadens our support to customers at an important time in the market. In line with our strategy to help customers transform the way they work, the combined business is well placed to respond to the needs of customers, in particular as they seek to deliver major service and financial improvements through digital transformation.”
