Logic Control sold to Sage Group

Logic Control is a vendor of business management solutions for small and medium-sized businesses, including accounting, payroll and industry-specific solutions for accountants. Logic Control has over 20,000 customers.

Logic Control’s revenue for the year ended 31 December 2004 was £28.2m and its operating profit was £3.8m. At 31 December 2004 it had net assets of £20.6m.

The acquisition of Logic Control significantly expands Sage’s coverage of the Spanish small to medium-sized business market. Logic Control brings additional and more advanced solutions for medium-sized customers in Spain, complementing the small business solutions of our existing Spanish business.

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