Lyceum's Access Group buys thankQ

This marked Access's seventh bolt-on in the past 12 months. The firm notably bought French business intelligence provider Prelytis for €4m in September.

This latest acquisition will see Access strengthening its not-for-profit offering, by being able to provide a fully-integrated finance and fundraising CRM system to the sector.

Lyceum bought Access for £50m in 2011. Equity for the transaction was provided by Lyceum Capital Partners Fund II, which raised £255m at final close in February 2008.

Company
Access is a software solutions 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.

Founded in 1997, thankQ has developed a CRM software solution targeting the not-for-profit sector.

Access is expected to post an EBITDA of around £8.5m on revenues of £43m for the year ending in June 2013.

People
Chris Bayne is CEO of Access. John Bird is managing director at thankQ.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Portfolio management
• Technology
• UK / Ireland
• Horizon Capital (formerly Lyceum Capital)