Monday, 25 January 2016

Rumour has it

If you do the Twitter thing, follow me at @HousingITguy
or LinkedIn here

Regular readers of this blog will be aware that through the myriad of contacts I have in the social housing and software world, we have often broke some of those big merger stories, this last five years.

Northgate changing hands, Keystone & Promaster being snapped up for asset management, Montal, Documotive, Brixx, SVS and Impact being swallowed up by Castleton. We are in a social housing IT world of shrinking choice, although possible increasing potential. 

I had an interesting chat recently with another UKHousing ICT insider, generally a pretty reliable source or whats happening in the space we work in.They called me the 'socialhousing insiders insider', which I thought was going  a bit too far myself. We had drank a few 'sharpeners' so we were perhaps a bit more relaxed than usual. 

A chance direction the conversation moved in, we chatted about how certain suppliers are going and which appear to be looking for suitors. There are quite a few I am aware of. One interesting whisper was about a large, currently strongly growing, socialhousing centric software group, close to buying up a well known Housing Management Systems provider.

Apparently discussions are well advanced and a decision could be forthcoming in the near future. If it goes ahead it sounds like an excellent marriage for both organisations.

Obviously if it goes ahead, its going to be interesting for the remaining HMS providers left in a shrinking marketplace, where they cannot supply such a large portfolio of solutions, from under a single roof.  
Perhaps an announcement will be forthcoming before the NHFIT or Housing Technology conferences towards the Spring.

If you have any more info, or in fact any more juicy gossip, shareable or not, just get in touch!

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Related Post: To succeed in your project, better have a good Plan A 

Merger announced 01/02/2016
Castleton Technology plc acquires Kypera Holdings


I would be pleased to connect with you on LinkedIn - Message me with any issues or queries, you would like to be explored in this blog. We generally receive a couple of suggestions each month.

Adele - Rumour Has ItAdele - Rumour Has It.
(c) Tony Smith, Acutance Consulting 07854-655009

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