Blue 8 /
Provides real-time location management software to the emergency services. A preferred supplier under the Home Office National Strategy for Police Information Systems (‘NSPIS').
ISIS backed the £6.1m MBO of Blue 8 from SER Systems AG in March 2001, investing £2.2m. By December 2002, turnover had increased 15%. In 2003, the business was acquired by Northgate Information Solutions for £9.3m.
"We were impressed by ISIS' sector knowledge and contacts. These not only helped during the deal process but added value as we approached exit." Ian Williamson, former Chief Executive.
"We supported an outstanding management team who developed the business following the original buy-out and successfully positioned the business as a leading public-sector software provider in an attractive niche." Mark Turner, Partner, ISIS.
Timeline:
- 2001 ISIS invests £2.2m
- 2003 Business sold for £9.3m
Provides real-time location management software to the emergency services.