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Advanced Computer Software Plc comprises three main divisions: Business Solutions, Health & Care and Managed Services. Together, these divisions provide a range of software and IT services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies through streamlined processes.

Website:
http://www.advcomputersoftware.com/
Phone:
+44 (0)1932 584000
Address:
Munro House, Portsmouth Road, Cobham, Surrey KT11 1TF.
Super Sector:
Software & Computer Services
Sector:
Software & Computer Services
Industry:
Software
EPIC / Symbols:
LON:ASW
chart-size
*subject to change and depends on individual circumstances.

Advanced Computer Software Group plc RNS Press Releases

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Advanced Computer Software Group plc Articles and News

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Advanced Computer Software Group plc Related Media

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  • 08/03/2013

    Stocktube video - Advanced Computer buys Computer Software for £110mln in cash

    Vin Murria, CEO of Advanced Computer Software (LON:ASW) tells Proactiveinvestors that the cash deal to buy privately held Computer Software Holdings from HgCapital will be immediately earnings enhancing. Vin says that the deal will significantly increase the scale of the Business Solutions and Managed Services divisions and open up a "plethora" of cross selling opportunities. Along with the deal ASW also published a trading update and announced that the board has moved Barbara Firth, the CFO, to the position of Chief Operating Officer responsible for acquisitions and appointed Guy Millward to CFO. Guy has spent the majority of his career in the IT industry. He has worked as Group Finance Director of Alterian, Morse and Kewill and most recently as Chief Financial Officer of BigHand, a private equity owned digital dictation workflow software provider.

Broker press

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  • 08/03/13

    08.03.13 :-3.37, (94.38) Canaccord Genuity reiterates its "buy" rating and raised its price target to 108p from 80p.

  • 10/12/12
    +0.75 +69.25

    Canaccord Genuity reiterates its "buy" rating and raised its price target to 80p from 75p.

  • 28/11/12
    +1.25 +66.50

    Canaccord Genuity reiterates its "buy" rating and raised its price target to 75p from 72p.

  • 17/09/12
    +0.00 +62.75

    Canaccord Genuity reiterates its "buy" rating and raised its price target to 72p.

  • 01/05/12
    +1.75 +57.75

    Canaccord Genuity reiterates its "buy" rating and raised its price target to 62p. Brewin Dolphin reiterates its "hold" rating and raised... read more

Director dealings

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Date Director Trans Amount Type Price(p) Value (£) Holding %
14/03/13 V. Murria EX 30,250 OPT 30.00 9,075 36,581,117 8.54
14/03/13 B.A. Firth EX 30,250 OPT 30.00 9,075 280,250 0.07
17/09/12 V. Murria BUY 500,000 ORD 62.00 310,000 36,550,867 10.23
17/09/12 M.E.W. Jackson SELL 500,000 ORD 61.86 309,300 736,149 0.21
24/07/12 M.E.W. Jackson SELL 445,376 ORD 55.00 244,957 1,236,149 0.34

BASIC RESULTS INFORMATION

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Date Type Turnover Profit EPS (p) Dividend (p) Currency
31/08/12 Interim 50.60 3.70 0.90 0.00 GBX
29/02/12 Full year 101.80 6.90 3.30 0.00 GBX
31/08/11 Interim 50.60 3.70 0.90 0.00 GBX
28/02/11 Full year 95.40 3.20 1.20 0.00 GBX
31/08/10 Interim 47.31 1.92 0.60 0.00 GBX

Company Statement

 

Advanced Computer Software Group plc comprises three main divisions: Business Solutions, Health & Care and Advanced 365 (Managed Services). Together, these divisions provide a range of software and IT services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies through streamlined processes.

Advanced already has over 7,000 customers and we pride ourselves on developing long-term relationships with them to ensure we meet their evolving needs.

Our strategy is to continue to expand rapidly through product innovation, selective acquisitions and technical collaboration.

 

13th June 2012 - To listen to an audio interview with Vin Murria please click here 

Current Operations

Advanced Computer Software Plc comprises three main divisions: Business Solutions, Health & Care and Managed Services. Together, these divisions provide a range of software and IT services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies through streamlined processes.

Advanced already has over 7,000 customers and we pride ourselves on developing long-term relationships with them to ensure we meet their evolving needs.

Our strategy is to continue to expand rapidly through product innovation, selective acquisitions and technical collaboration.

 

Advanced Business Solutions:

Advanced Business Solutions (currently trading as COA Solutions) designs, develops, implements and supports highly scalable software solutions that are widely used in a range of public, private and third sector service-based organisations.

These solutions, which comprise an integrated suite of applications including financial accounting, procurement, human resources, payroll, document management and business intelligence, extend the value and effectiveness of the finance, human resource and payroll departments across the organisation, enabling managers to monitor, analyse and continually improve corporate performance. Organisations also benefit from more efficient, transparent and controlled operations. (Read More)

 

Advanced Health & Care:

Advanced Health & Care  is a leading supplier of:

    * IT management systems for urgent and unplanned care, homecare, residential care and hospices;
    * Mobile information systems for community carers; and
    * Back office systems for NHS trusts, local authorities and care providers.

Working with partners in the NHS, local government and the private sector, Advanced Health & Care is delivering IT in support of safe and efficient care delivery and greater information for both the commissioner and care provider. Advanced Health & Care’s unique proposition is the breadth of integrated health and care solutions from patient-facing IT systems through to back-end operational systems and services.

Advanced Health & Care provides the following products: Adastra, Crosscare, eFinancials Smart Business Suite, Saturn and StaffPlan.

 

Adbanced Managed Services:

BSG designs, deploys, operates and improves IT services from the desktop to the data centre that help customers to align their IT to their core business requirements. We aim to help IT departments free themselves from day to day operational activity to allow them to deliver strategic value back to their business by creating an agile and scalable infrastructure that is closely aligned to their organisations' core business operations.

We achieve this by:

    * Managed services focusing on the core utility components of our customers IT operations (e.g. monitoring, backup, email and hosting).
    * Application development to deliver a fully-supported application managed service for both existing legacy applications or new applications developed by BSG.
    * Delivered either as a hosted service managed via the BSG data centre suite, remotely from your comms room, as part of a cloud-based service via one of the many public cloud platforms available, or as a hybrid solution utilising a combination of these delivery environments based upon your requirements. (Read More)

 

Managment

Vin Murria, Chief Executive Officer

Vin joined Advanced in August 2008 as Chief Executive Officer and  has over 20 years' experience of working for private equity backed and publicly listed companies focusing on the software sector.  She was formerly Chief Executive Officer of Computer Software Group plc, which was taken private in April 2007 and subsequently merged with IRIS Software Group Limited in July 2007 before being sold to  Hellman Friedman in a deal worth £500 million. Vin is a Partner at Elderstreet Capital and a Non-Executive Director of Greenco plc.

Barbara Firth, Chief Financial Officer

Barbara has many years of experience in senior managerial and financial roles and was previously Chief Financial Officer of Computer Software Group plc where she worked closely with Vin Murria and Michael Jackson until the merger with IRIS Software Group Limited in July 2007. Following the merger Barbara became Acquisitions and Integration Director of the combined group until joining Advanced in August 2009.

Michael Jackson, Chairman

Michael became Chairman of Advanced in August 2008 and is Chairman of the Audit Committee.  He founded Elderstreet Investments Limited in 1990 and is its Executive Chairman. For the past 25 years, he has specialised in raising finance for, and investing in, the smaller companies sector. Michael was previously Chairman of The Sage Group plc, Computer Software Group plc and Party Gaming plc. He is also a Director and investor of many other quoted and unquoted companies.

Mark Watts, Non-Executive Director

Mark became a Non-Executive Director of Advanced in August 2008 and is Chairman of the Remuneration Committee. He is joint Managing Partner in Marwyn Capital LLP and Marwyn Investment Management LLP and a Director of many portfolio companies including Marwyn Capital II Ltd, Praesepe plc and Silverdell plc, and non-executive director of Entertainment One Ltd. At Marwyn, Mark and fellow Managing Partner James Corsellis have undertaken over 77 transactions, raising approximately £1.5 billion in acquisition funding for Marwyn-backed management teams and special purpose acquisition vehicles from 2002 to date.

Major Shareholders

Name %
   
M+G Investment Management 14.94%
Marwyn Investment Management LLP 11.79%
Blackrock Investment Management 10.66%
Vin Murria 10.16%
Fidelity Investments 4.52%
Royal London Asset Management 4.10%
JPMorgan Asset Management     3.89%
Hargreave Hall, stockbrokers 3.61%
Mr Nick Gerard 3.38%
Majedie Asset Management 3.06%


For more investor information click here

  • Additional Information
    Market
    AIM
    EPIC
    ASW
    Share Price
    85.88p
    Change
    -1.62
    Volume
    54,571
    Dividend
    0
    EPS
    3.30
    Shares
    429.35 m
    Offer
    86.75
    Bid
    85
    Avg. Vol
    482,041
    Yield
    0.00
    P/E
    26.02
    Mkt Cap
    £368.72 m
  • Latest Stocktube
    08/03/2013

    Advanced Computer buys Computer Software for £110mln in cash

    View full size
  • Contact Information

    Head Office


    Munro House, Portsmouth Road
    Cobham, Surrey
    KT11 1TF, United Kingdom

    Telephone: 0845 160 6162
    Fax: 01932 584 001

    Email: enquiries@advcomputersoftware.com

     

    Corporate Information

    Registered Office
    Quadrant House, Floor 6
    4 Thomas More Square
    London E1W 1YW

    Nominated Advisor and Broker

    Singer Capital Markets Ltd
    One Hanover Street,
    London W1S 1YZ

    Registrars
    Capita Registrars
    The Registry
    34 Beckenham Road
    Beckenham
    Kent BR3 4TU

     

    Joint broker
    Mirabaud Securities LLP
    21, St James’s Square
    London
    SW1Y 4JP

    Legal Advisors
    CMS Cameron McKenna LLP
    Mitre House
    160 Aldersgate Street
    London
    EC1A 4DD

    Auditors
    KPMG Audit Plc
    Arlington Business Park
    Theale, 
    Reading
    RG7 4SD

     

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