PracticePeople In PracticeSage subsidiary in IR£7m acquisition

Sage subsidiary in IR£7m acquisition

Sage Hibernia, the subsidiary of Newcastle-based software giant Sage, has acquired Irish payroll company Computer Resources for IR£7m cash plus net assets.

Computer Resources produces Quickpay and Micropay products and supports 6,000 people in Ireland.

Fin O’Driscoll, general manager for Sage Ireland, said: ‘The acquisition of Computer Resources gives us a leading position in the Irish payroll market.

‘These products will complement the suite of business solutions software that Sage already provides, enabling us to be a one-stop-shop for the full range of software and support services required by accountants in practice and small to medium sized businesses in Ireland’.

Links

Sage tipped as future consolidator

Sage to discontinue eight products

Sage website

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