Tue, 10 Dec 2024 | BUSINESS SALE
Danish software firm Omnidocs has expanded into the UK with the acquisition of a Reigate-based document productivity tools provider.
Presentation Solutions, founded in 2004, provides productivity tools primarily to firms within accounting, transaction advisory, and banks in the UK and US, as well as internationally.
Its clients include AstraZeneca, Investec and BDO.
Omnidocs, backed by Main Capital Partners, is a document generation and automation company. Beyond software, Omnidocs offers consultancy services, providing clients with support to streamline the flow of work and increase output precision.
The deal marks the fourth add-on acquisition for Omnidocs.
Dimitri Constantinou, co-founder and director of Presentation Solutions, said the deal showed how the automation of software has grown in importance in recent years as companies look to boost productivity.
"When Presentation Solutions started in 2004 document automation software was little known except for the in-house solutions of the largest banking groups,” he said. "We set out to build products which allowed more companies access to the incredible efficiency gains that this type of software provides. We have known the Omnidocs management team for some years and admired their products and solutions.”
He said merging into the Omnidocs Group brings together the innovation and experience of the combined management teams and product ranges for the future benefit of all stakeholders: clients, employees and investors.
Jeppe Schytte-Hansen, chief executive and co-founder of Omnidocs, added: "I am very excited about the process we have had for the past three months and the future with Presentation Solutions as a part of Omnidocs. We have found some like-minded people, some great and relevant products and we are tapping into a really interesting market with knowledgeable people on the ground. The product offering will also strengthen our productivity offering to all our clients that represents 3.5 million users, reducing frustrations and saving time for a lot of people when working with documents."
Find out more about overseas interest in UK firms
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector. Throughout its 25+ year trading history,...
An opportunity has arisen to acquire an IT company based in Aberdeenshire. This profitable business has grown consistently since it was established in 1989 to provide a portfolio of key IT support and services to its loyal customer base throughout Sc...
A chance to support or take over a reputable West Midlands managed service provider with a dedicated clientele.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.