Acquisition
November 28 2003 - 5:59AM
UK Regulatory
RNS Number:6188S
Touchstone Group PLC
28 November 2003
Date: 28 November 2003
Contacts: Keith Birch, Managing Director
Touchstone Group plc 020 8441 7755
Trevor Phillips
Holborn Public Relations 020 7929 5599
Touchstone Group plc
Purchase of the Sage CRM business of Brown & Co (in liquidation) for an
undisclosed sum.
Touchstone Group plc ("Touchstone"), a leading IT services group supplying
integrated business solutions and services to mid-size UK companies, announces
the acquisition of the Sage CRM business of Brown & Co (in Liquidation) for an
undisclosed sum.
Brown & Co, a small Hertfordshire based Sales & Marketing Business Consultancy,
had developed a CRM practice generating on average #200,000 revenues per year
with a number of customers including Rebus HR and Morley Fund Management.
Commenting on the acquisition Touchstone's CEO Keith Birch said:
"We are delighted to welcome the clients of Brown & Co. Our CRM credentials and
financial stability will ensure a much brighter future for them. We are also
encouraged by the new project work that is starting to develop through this
business which will further strengthen our CRM division.
"We continue to examine opportunities for the continued growth of the Group and
are confident that through prudent acquisitions we will continue to deliver
value to our shareholders."
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