The group that owns business software products Pegasus and SunSystems is
lined up for a £220m sale to rival firm Extensity.
The bid for Systems Union, which has been financed from Extensity’s private
equity owners Golden Gate Capital, would help SU gain ‘critical mass’, and
create a group with over $500m in revenues.
SU chief executive officer Paul Coleman, will inform tomorrow’s AGM that
shareholders should accept the offer.
Extensity is the new name for the financial software arm of Geac, which was
taken over by Golden Gate last month.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars