In October 2019, BCEC X acquired a co-control stake in Advanced Computer Software Group Ltd (“Advanced” or the “Company”), alongside Vista VII (“Vista”).
Advanced is a leading UK provider of mission-critical software to mid-sized companies and public sector organisations.
Headquartered in the UK, the Company has c. 19,000 customers across the private and public sector. The Company focuses on non-cyclical sectors by supporting mid-sized customers across health and social care, legal services, local government or education. Advanced has an attractive set of strong, differentiated niche products with good complementarity supported by recently established and excellent R&D, product management and sales.