JD Edwards specialist Beoley Mill Software Ltd, has today (Tuesday, 4th October 2016) been acquired by Irish owed IT Services Company, Version 1 for an undisclosed sum. The acquisition of Beoley Mill Software Ltd, which is based in Studley, Warwickshire, is the fifth UK acquisition undertaken by Version 1.
Beoley Mill Software Ltd was established in 1994 by Managing Director Helen Rimmer and CEO Stuart Rimmer. With revenues of £ 7.5M (€8.7M) in FY15 and employing 100 people, award-winning Beoley Mill Software Ltd provides mission-critical services for all aspects of JD Edwards World and EnterpriseOne systems to mid-market and enterprise customers across the Manufacturing, Distribution, Logistics, Leisure, Retail and Services sectors.
Dublin headquartered Version 1 entered the UK market in 2013. The acquisition of Beoley Mill Software Ltd is the fifth in a programme of UK acquisitions the most recent of which saw it acquire the ERP business of London-based Database Service Provider Global Limited trading as DSP. Version 1’s total employee numbers following the acquisition now stand at 900 (300 UK employees) with expected FY2017 revenues of £87M (€100M).
Commenting on the announcement, CEO of Version 1, Justin Keatinge said “Version 1 and Beoley Mill Software Ltd represents a great fit with high synergies in terms of commitment to corporate values, staff engagement and customer satisfaction. The deal strengthens our existing Oracle partnership and expertise in ERP technology and delivers market leading capability in JD Edwards. It established us as the go-to ERP service provider for organisations in the UK and Irish markets.”
Founder and MD of Beoley Mill Software Ltd, Helen Rimmer said: “Version 1’s acquisition of Beoley Mill Software Ltd is an exciting development for us and will enable us to provide a wider range of solutions and services to our existing customers helping them maximise their investment in JD Edwards technology. As a combined entity we have the ability to compete and win business in the UK, Irish and European JD Edwards markets."
Beoley Mill Software Ltd will continue to trade as Beoley Mill Software Ltd. Company co-founder Stuart Rimmer will step down from his role as CEO and will leave the business to pursue other interests. Beoley Mill Software Ltd co-founder and MD Helen Rimmer has been appointed to the Version 1 Management team and will continue to look after customer relationships and business development of the JDE Practice in addition to helping oversee the successful integration of the two companies.
About Beoley Mill Software Ltd
Beoley Mill Software Ltd has been established as an Oracle JD Edwards software implementation and support organisation for over 20 years. The business has grown from its two founders to an organisation employing over 90 permanent consulting staff under the same ownership structure.
Beoley Mill Software Ltd is an Oracle Platinum Partner and is the largest employer of JD Edwards resources in the UK. Beoley Mill Software Ltd directly employs staff covering all lifecycle disciplines including project management, business process analysis, implementation and training services, hardware sizing and architecting, technical and development services, as well as post-implementation support, hosting and managed services for JD Edwards customers. Beoley Mill Software Ltd is also an Oracle license software re-seller. Beoley Mill Software Ltd is headquartered in the Midlands, in Studley, Warwickshire.
Beoley Mill Software Ltd emphasises an employed consulting model and a solution oriented delivery approach, with the customer at the heart of everything they do. BMS’ consulting staff span all of the necessary Functional, Project Management, Technical (‘CNC’ – Configurable Network Computing and database) and Development disciplines that are required to architect, design, implement and support JD Edwards solutions.
For 6 consecutive years (2010-2016) Beoley Mill Software Ltd has been voted number one by Oracle UK customers as the JD Edwards Partner of the Year (Gold Award – first place).
For more information visit: http://www.beoleymill.co.uk
About Version 1
Version 1 is a leading IT Service provider with offices across the UK and Ireland, 800 employees and €75M (£55M) turnover in 2015. Customers include top global banks, many FTSE 100 listed companies in the Financial Services, Utilities (incl. Oil & Gas, pan-European energy companies and major domestic water companies) and Commercial sectors as well as Public Sector organisations across local and central government.
One of the fastest growing IT services companies in Western Europe, Version 1 has doubled both profitability and revenue over the last few years, while at the same time delivering consistent improvement in customer satisfaction and world-class employee engagement. Version 1 has a 900 strong team across the UK and Ireland focused on proving that IT can make a real difference to its customers’ businesses.
An industry recognised award-winning IT services company and leader in Oracle, Microsoft and Amazon technology, Version 1 provides complete end-to-end solutions and has built deep expertise in:
- ERP Consultancy, Development & Support
- IT Transformation, Enterprise Architecture and Change
- Legacy Application Transformation
- Oracle Solutions
- Microsoft Solutions
- Application Development & Management (particularly Oracle ERP and Fusion Financials)
- Business Intelligence & Analytics
- IT Service Management & Managed Services (24/7 ITIL, ISO 20000, ISO 27001 certified)
- Cloud Integration
- Software Asset Management
The Company has previously completed six very successful acquisitions: Prose Software in 2006, PM Centrix in 2010, UK-based business operations of Tieto Corporation in 2013, Rocela Group in 2014 and Patech Solutions in 2015 and the ERP business of Database Service Provider Global Limited trading in 2016.
For more information: www.version1.com