COA Solutions changes name following buy-out

Financial software supplier COA Solutions has changed its name to Advanced Business Solutions (ABS) following its acquisition by Advanced Computer Software earlier this year.

ABS will form one of the group’s three business divisions, alongside Advanced Health & Care and Advanced 365. However document management company Version One will be retaining its separate identity, despite belonging to the ABS division.

Advanced Computer Software bought COA Solutions from private equity business Alchemy Partners in February for an estimated £100m.

Further reading

COA acquired for £100m