Lyceum injects £50m in Access UK

The provision of growth capital will support the company's rapid expansion strategy, which focuses on organic growth and acquisitions as well as continued product development. Access' existing management team has invested alongside Lyceum.

Access UK is a software solution and consultancy firm, providing a range of enterprise resource planning software and services, with a focus on financial management systems and human capital management solutions. The company was established in 1991 and is based in Colchester. With more than 300 employees in nine offices across the UK and Ireland, Access UK generated a turnover of £28m and EBITDA of £5.5m in 2010.

The transaction was supported by a debt package provided by Lloyds Bank Corporate Markets and HSBC.

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• Topics
• UK / Ireland
• Support services
• Buyouts
• Horizon Capital (formerly Lyceum Capital)