- Date: January 2018
- Client: AGP
- Sector: ICT – Services
- Service: Sell-side advisory
Acquisition of AGP enhances KCS position as an important supplier of ERP trading software in the Benelux.
AGP has been providing ERP solutions for over 40 years to the wholesale, rental, project and installation industry. The portfolio of products makes the company a leader in the ERP market for the trade sector in the Netherlands. AGP will continue to maintain and support its current solutions and will introduce benefits of Kerridge Commercial Systems (KCS) to customers.
KCS has been providing ERP software to both SMEs and international companies for over 40 years. KCS, headquartered in London, reaches 14,000 customers worldwide. The acquisition supports KCS’s strategy of sustained growth and follows on from five other acquisitions in the past 24 months. Of which two were in the United States, two in South Africa and one in the United Kingdom.
Ian Bendelow, KCS Group CEO: “As a major strategic acquisition in the Benelux, it will strengthen our presence on the European continent and expand both our service capabilities and product offering. AGP confirms our vision and is in line with our business strategy to focus on the needs of traders, wholesalers, retailers and distributors. Our customers will benefit from an even stronger local team in the Netherlands to support our customer’s needs”.
Orange Corporate Finance acted as advisor to the seller through the transaction process.