
Advanced
Provider of software and IT services to the public, private and not for profit sectors.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£750m Valuation: £750m 3.7x EV/Revenue 17.0x EV/EBITDA | Buyout | ||
£2.0b Valuation: £2.0b -3278.7x EV/EBITDA | Buyout | ||
* | £1.2b | Debt | |
Total Funding | - |
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Founded in 2008 by Vin Murria, Advanced Computer Software Group, known simply as Advanced, quickly established itself as a key player in the UK software industry. The company focused on providing software and IT services to a variety of sectors, including healthcare and business services.
Under Murria's leadership, Advanced pursued an aggressive growth strategy, marked by a series of strategic acquisitions. This approach not only expanded their product offerings but also solidified their position in the market. By 2016, Advanced had become the third-largest software provider in the UK.
A significant milestone in Advanced's journey came in 2015 when the company was acquired by Vista Equity Partners for £750 million. This acquisition allowed Advanced to go private, providing them with the resources and flexibility to continue their expansion and innovation in the software industry.
Today, Advanced continues to thrive, leveraging its robust portfolio of software solutions to serve a diverse range of industries. The company's journey from a startup to a major player in the software market is a testament to its strategic vision and adaptability.
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Investments by Advanced
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