Advanced

Advanced

Provider of software and IT services to the public, private and not for profit sectors.

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DateInvestorsAmountRound
-

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-

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Advanced
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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 analysisEdit

Investments by Advanced

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COA Solutions
ACQUISITION by Advanced Feb 2010
CloudTrade
ACQUISITION by Advanced Oct 2021
Serco Learning
ACQUISITION by Advanced Dec 2012
Mitrefinch
ACQUISITION by Advanced Oct 2020
Science Warehouse
ACQUISITION by Advanced Mar 2018
Tikit
ACQUISITION by Advanced Mar 2020
Clear Review
ACQUISITION by Advanced Oct 2020
CareWorks
ACQUISITION by Advanced Nov 2019
Computer Software Holdings
ACQUISITION by Advanced Mar 2013
Kirona
ACQUISITION by Advanced Apr 2019
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