Announced
Completed
Financials
Tags
Acquisition
Friendly
United Kingdom
Majority
Completed
software solutions
payroll software
Private Equity
hr solutions
Software
Private
Domestic
Single Bidder
Synopsis
Advanced Computer Software Group, a software solutions provider, completed the acquisition of Mitrefinch, a workforce management software company, from LDC, a private equity firm. Financial terms were not disclosed. “The innovative workforce management solutions developed by Mitrefinch are an exceptional fit with our existing best of breed Cloud HR solution. We’ve seen the impact of Covid-19 change the future of workforce management and shifting workforce expectations, leaving companies facing uncertainties with regards to resourcing and staffing. Digital technology provides accuracy of data to enable rapid decision-making in shifting market conditions which is a vital tool for companies managing shift patterns and measuring critical output,” Gordon Wilson, Advanced CEO.
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