Advanced Business Software and Solutions completed the acquisition of Clear Review from Mercia Asset Management for $34m.

Advanced Business Software and Solutions, a software and services company, completed the acquisition of Clear Review, a continuous performance management system, from Mercia Asset Management, an investment company, for $34m. “Covid-19 has forced over half the UK’s workforce to work from home – something that is likely to continue as our normal – and so the ability for managers to continuously develop and improve their people’s performance remotely is paramount to the success of every organisation. Vital too is that organisations can ensure they have engaged workforces and that their wellbeing is supported. Clear Review’s technology gives managers the tools to do all these things whilst being extremely complementary to our existing Human Capital Management solutions which is an area of priority for us. For both our existing and new customers this acquisition enhances their ability to empower managers to accelerate their talent management strategies," Gordon Wilson, Advanced CEO.