02 January 2013 | Education | Advanced Computer Software plc

Advanced Computer Software Group acquire Serco Learning

Advanced Computer Software Group has completed the acquisition of Serco Learning.


Advanced Computer Software Group, a leading provider of healthcare and business management software and services, announces that it has completed the acquisition of Serco Learning, for a total cash consideration of £7.25m.

Serco Learning provides Business Solutions for the education sector, including training and support to over 2000 varying education providers. The business will be integrated into the Group's Advanced Business Solutions division, which already has 49 university college customers taking its back office and student records solutions. Both Serco Learning and Advanced supply public sector customers, particularly local authorities. The Group has some 80 local authority customers, creating opportunities for the cross-selling of products and services.

In the year ended 31 December 2011, Serco Learning had revenue of c. £13.5m, of which approaching £11m was contracted recurring, generating approximately £1.2m of adjusted EBITDA.

Advanced Computer Software Group is a leading supplier of software and IT services to both public and private sectors which assist organisations to improve efficiency and reduce costs. ​

knowledge base


The Business of Education

An analysis of recent deals including an up to date exit valuation of MPW.

Selling your company - how to get it right

Selling your company is likely to be a once in a lifetime experience. It is essential you get it right.

More →



Our expertise

Deal origination - acquisitions - We help quoted companies and private equity houses source acquisitions in the UK and overseas.

Deal origination - disposals - We help owners of companies wishing to dispose of their business.

IPO advice - We provide strategic, financial and valuation advice to companies considering an IPO.

Valuation - We undertake valuations for ESOP transactions, employee share schemes and for a wide range of fiscal, legal and commercial purposes.

Our sectors

Our corporate finance skills can be employed in a wide range of sectors. We have a particular strength in animal health, education, outsourcing, IT, data analytics and financial publishing.

More →