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Sheffield software firm completes multi-million-pound acquisition

Adrian Ballam, Lucy Holroyd and John Feaster from Schofield Sweeney advised Sheffield based Sanderson Group, the software and IT services business, on the acquisition of Anisa Consolidated Holdings for £12m. 

Anisa, which provides enterprise resource planning solutions, has around 250 customers and provides 24-hour support worldwide.  The firm employs more than 90 staff and operates in London, Runcorn, Liverpool and Solihull and from smaller support operations in Singapore and Australia.  

In an update this morning, Sanderson said that Anisa would complement the Enterprise division of Sanderson, adding “The enlarged, merged business is expected to provide and develop incremental and synergistic market opportunities.

“The managed services, hosting services and cloud delivery services which have been developed by Anisa represent an exciting and enhanced service delivery option for existing Sanderson customers.” 

Both Anisa and Sanderson are very cash generative businesses and it is expected that the combined Group will have total revenues of over £30m, of which more than 50% is pre-contracted recurring revenue. 

"The strategy of the combined business is to continue to develop the existing range of products and services delivered to existing customers; to further invest and develop the Anisa relationships with strategic partners and to provide additional investment in order to accelerate growth opportunities by attracting even more new customers.” said Chairman, Christopher Winn.

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