Cardiff software company acquired by Canadian-American company
The leading UK sourcing software provider and Welsh SME, Atamis Ltd, is now part of Banyan Software, Inc., a company focused on acquiring, building and growing large enterprise software companies .
Headquartered in South Gate House, Cardiff, Atamis was established in 2009 and has since achieved consistent annual growth of over 30% per year while supplying public and private sector clients across the UK and Ireland the tools to review, plan, procure and manage their procurement expenses. Its comprehensive suite of software modules enables users to analyze and understand strategic spend, plan a supply pipeline, efficiently complete online tenders, manage contracts, and monitor risk and performance. from the main suppliers. Atamis represents the first acquisition of Banyan based in the UK and Europe.
Covering large swathes of the UK public sector, Atamis’ clientele includes central government departments such as the Department of Health and Social Affairs, the Home Office and the Department for Digital, Culture, Media and Sports, local authorities across England and the majority of the public sector in Wales through its position on the National Procurement Service framework. Private sector clients include Admiral Group, Principality Building Society and British Business Bank.
“Atamis has designed a robust product specifically designed to meet the entire purchasing lifecycle needs of its customers,” said David Berkal, CEO of Banyan Software. “Although ownership has changed, Atamis will continue to provide the best service customers are accustomed to and we look forward to continuing to invest in the business. “
The immediate impact of this news sees Atamis accelerating its recruitment program with a view to expanding its delivery team in the coming months. This job creation exercise will add a number of qualified professionals to the existing Atamis team, in a variety of roles spanning project management, account management, implementation and support.
“When selecting a buyer, it was important for me to know that the future of Atamis and the team was secure,” said Nick James, founder of Atamis. “Rather than accepting an offer from the type of investor interested only in short-term profit, I wanted the confidence to know that I would leave the future of the business to a safe and nurturing environment.
“We are delighted to partner with Banyan to continue to build our legacy and support our customers. As we look to the future, we know that Banyan shares our vision to continue to develop the product in the UK and beyond, creating rewarding career paths for our employees. “
Comments are closed.