Press Release
Columbus acquires IT services company and expands its market share within Microsoft Dynamics 365
Columbus acquires Cambridge Online Systems Ltd., a leading IT services company within Microsoft Dynamics. The acquisition strengthens Columbus' position and growth potential in the Microsoft Dynamics 365 market.
Nottingham - 1 December 2016 - Columbus (OMX:COLUM):— Columbus (OMX: COLUM) announces today that it has acquired Cambridge Online Systems, a leading IT services company specializing in Microsoft Dynamics NAV and CRM. With the acquisition of Cambridge Online Systems, Columbus seeks to increase its footprint in the growing Dynamics 365 market as well as growing its cloud technology business within the UK.
"We are pleased to announce the acquisition of Cambridge Online Systems. Cambridge Online Systems is a well-established company with a strong customer base, and with their extensive skills within ERP and CRM Columbus aim to increase our market share and growth potential in the UK", says CEO in Columbus Thomas Honoré.
Since its founding in 1978, Cambridge Online Systems has built substantial market share and today services a large number of customers. Cambridge Online Systems has a widespread reputation for excellent service and quality, which has attracted an international customer base with a high level of customer loyalty.
"This is an extremely exciting acquisition for Columbus enabling us to expand our portfolio and footprint in the UK market. As the longest standing and leading Dynamics partner in the UK, we always strive to deliver maximum value to our customers, through the very latest technologies that suit their needs. With the new offerings and capabilities that this acquisition brings, we will continue to give our customers a competitive edge in their markets", says Mary Hunter, Managing Director, Columbus UK.
Cambridge Online Systems employs 71 highly skilled ERP and CRM specialists working out of the office in Cambridge. In 2015, Cambridge Online Systems had in the financial year 2015/2016 a revenue of GBP 5.5m, and earnings of GBP 526,100.
"Given the global presence, size and expertize of Columbus, coupled with the strong positon of Columbus as Microsoft Global ERP Partner and the UK Microsoft Dynamics Partner of the year, I am confident that Cambridge Online Systems will stand stronger than ever in pursuing our ambition to meet and exceed customer demands and the technology requirements of tomorrow", says David Crabb, Managing Director, Cambridge Online.
The joint entity will be among the leading value providers of digital business solutions and services within the UK, well positioned to provide for the needs of customers in the UK in the years to come.
Cambridge Online Systems continues as an independent company with unchanged business operations. Except for the departure of David Crabb, the current management team in Cambridge Online Systems continues. Managing Director in Columbus UK, Mary Hunter takes over the position as Managing Director for both entities.
The acquisition is with immediate effect.
Additional information
Tine Rasmussen, Communication Manager, Columbus
E-mail:tra@columbusglobal.com
Telephone: +45 2969 0677
Mary Hunter, Managing Director, Columbus UK
E-mail: mhun@columbusglobal.com
Telephone: +44 7974 454 015
About Columbus
Columbus is an international IT services company serving customers worldwide. We are experts in developing and providing digital business applications that help our customers in the digital transformation of their business. We are specialist within the industries retail, food and manufacturing. We've proved this through more than 27 years of experience with more than 8,000 successful business cases. Columbus has offices and partners all around the world.
www.columbusglobal.com