Wednesday, 10 September 2014

Hit the North(gate)

If you do the Twitter thing, follow me at @hotpixUK
or LinkedIn here http://uk.linkedin.com/in/tonysmiththathousingitguy

Some local government sector software news you might have missed.

Reuters have reported that Northgate Public Services (suppliers of Housing Management solutions to dozens of RSLs in the UK) are 'up for sale'.

Quoting directly from the CRN tech news site:
http://www.channelweb.co.uk/crn-uk/news/2361183/northgate-tight-lipped-on-sale-speculation

Northgate Public Services up for sale, according to Reuters

Northgate Information Systems (NIS) has declined to comment on reports it is selling off its public
sector arm and insisted its customer focus remains "unwavering".

Citing two sources familiar with the matter, Reuters claims Northgate owner KKR - a US private equity firm - has appointed Rothschild to sell the firm's public sector arm.

The sources said Northgate Public Services (NPS) will be auctioned to private equity firms later this
year and could fetch up to $600m (£361m).

NPS is one of two NIS divisions, the other being its NGS Human Resources arm. Northgate Managed
Services was part of NIS until February this year when Capita snapped it up for £65m.

NIS and KKR remained tight-lipped on the matter.

"It is not KKR or Northgate policy to comment on rumours in the market," the duo said in a joint statement sent to CRN.

"We will continue to maintain our clear and unwavering focus on providing the customers with the world-class service that they have come to expect."


Three UK Northgate customers I have spoken to in the last few weeks, were unaware of this.

Hopefully any Northgate sell off / change of ownership will not impact unduly on Social Housing Providers in the UK, utilising iWorld, Northgate Housing, Codeman or the legacy Anite Ohms Oracle based modules.  Fingers crossed.

Related Post: Keystone sold, following Promaster move to Orchard

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You can link with me on LinkedIn here - http://uk.linkedin.com/in/tonysmiththathousingitguy It would be great to connect !

The Fall – Hit The North.
(c) Tony Smith, Acutance Consulting www.acutanceconsulting.co.uk 07854-655009

PS As usual, if there are subjects you might like me to tackle on this blog, please get in touch and let me know!

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