Business systems provider added to leading global software group

Systems Union Group plc, the global software vendor, has acquired the customer base, assets and intellectual property rights of London-based ncSoft Limited, an author and provider of business and financial systems, for a consideration of approximately £0.5 million. For the year to 30 June 2022 , ncSoft had an annual revenue of £1.2 million.

Founded in 1991, ncSoft operates across many sectors including professional services, financial services, public sector, pharmaceuticals, utilities and manufacturing. Customers include the Royal National Theatre, a consortium of Scottish further education colleges, St Paul International Insurance and Wandle Housing Association.

ncSoft is a channel partner for SunSystems software solutions, as well as developing its own range of web-based applications such as procurement, time management and expenses automation. Its brands include ncProcurement, ncTime, ncExpense and ncSoft eBusiness Suite.