Pythagoras Aquires FMI Solutions
Pythagoras Communications Acquires FMI Business Solutions
Group
Integrated Software Specialist Boosts Client Base by 250
Accounts
12 December 2007 - Pythagoras Communications, a leading UK
provider of integrated business software solutions, today announced
that it has acquired London-based FMI Business Solutions Group
(BSG) in a deal that will increase its market share within the
Enterprise Resource Planning (ERP) and accounting sectors. The
combined turnover of the expanded Pythagoras Communications is
expected to be approximately £7.2 million.
All existing accounts and clients at FMI BSG will be taken over
by the new owners. All are set to benefit from the larger
resource and support base as a result of the acquisition, enabling
Pythagoras to provide customers with a complete front-to-back
office solution. All of BSG's staff will also transition to
Pythagoras, bringing with them more than 24 years experience in
implementing IT solutions for business intelligence, accounting,
customer management, budget planning and training, and
accreditation from vendors including Cognos, Business Objects,
Microsoft and Sage.
"FMI Business Solutions Group is a well-run business with a
superb reputation within our industry," Managing Director of
Pythagoras Communications, Julian Stone, comments. "It has a
great team and we are delighted to welcome FMI's managers, staff
and clients to the Pythagoras Group.
Pythagoras is investing in new offices in the heart of London to
facilitate the planned growth of the business as the only Top Sage
partner in London, providing BI, Accounts and CRM software."
Pythagoras Communications, which recently won the Sage CRM
Business Partner of the Year 2007 award, will increase the number
of services and products available to its customers following this
acquisition, including a stronger offering for ERP and
accounting.
Head of Business Solutions Group at FMI, Tony Capozzi, adds,
"This acquisition provides greater levels of sustainability and
security for our clients and excellent opportunities for our staff
to benefit from being part of a much larger group.
Pythagoras's reputation and strength - combined with FMI Business
Solutions Group's skills and agility - will be a formidable
combination in this marketplace. We are confident that, as
part of Pythagoras, we will be able to achieve even greater success
in the future."
About Pythagoras
Pythagoras' core values are to deliver integrated business
software solutions that provide organisations with the ability to
increase profitability, make informed decisions and to understand
their clients' needs. Pythagoras offers a complete understanding of
clients' requirements, ensuring that the solution meets the needs
of the business, transforming the way they do business. Over the
last 8 years Pythagoras has won numerous awards from leading
vendors such as Sage and Microsoft for achievements in sales and
customer support.
Pythagoras has successfully implemented CRM, Business
Intelligence, and Accounts/ERP software solutions and IT/Hardware
infrastructure to more than 400 organisations worldwide, enabling
them to deliver real tangible benefits to their own organisation
and their customers. Website: www.pythagoras.co.uk