Technology entrepreneur Vin Murria today snapped up Computer Software Holdings for £110 million.
Ms Murria bought back the business she sold to private-equity firm Hg Capital in 2007. She will merge the accounting and back-office software provider with Advanced Computer Software, the AIM-listed company she runs.
“It’s a perfect fit,” she said. “I understand the business, I know the management team. It’s the right time to put these businesses together.”
The news came as Advanced Computer Software revealed its full-year revenues were likely to be up by about 21% to £119 million when it reports in June.
The company has made a series of acquisitions over the past few months, including Serco Learning for £7.2 million in December.
Murria added: “We remain on course to deliver a maiden dividend later this year.”
