Software giant announces another acquisition

Business technology specialist The Access Group has announced another acquisition – this time for a global provider of stock management solutions for the B2B product supply chain.

The firm has secured a deal to take over ProspectSoft.

It comes hot on the heels of a deal for Surrey-headquartered DutySheet, which provides volunteer management software to hundreds of charities and public sector organisations.

In June, The Access Group became one of the largest software providers in the UK after landing another round of funding from investors.

Last year, it took over Derby-based Isys Interactive Systems, which supplies management software solutions to a range of industries, from waste management, aggregate and material sales to dairy and food services.

The acquisition of ProspectSoft has been completed by one of its divisions, Access ERP (Enterprise Resource Planning).

Brendan Flattery, managing director of ERP, said: “Access’ decision to acquire ProspectSoft reflects our desire to offer market leading software solutions to key market sectors, specifically to organisations involved in the manufacture, wholesale and distribution of B2B products.

“ProspectSoft operates in the world of stock management, offering a highly effective CRM solution, geared toward organisations working in the B2B product supply chain.

“ProspectSoft is a business that shares our passion for helping our customers achieve their goals and we’re delighted to bring ProspectSoft into our ERP Division.”

Andy Ardron, ProspectSoft founder and chief executive, said: “This is fantastic news for our business, people and customers.

“Just like Access, we’re passionate about delivering market-specific technology that solves real-life problems for our customers.

“We now look forward to further accelerating our growth and success from within the Access Group.”