IRIS Software Group

In May, this software developer was bought out by HgCapital’s Saturn fund and Intermediate Capital Group for £1.3bn — said to be the UK’s largest-ever private equity software buyout. The Berkshire firm supports 21,000 accountancy practices, 11,000 schools and academies and 80,000 small businesses via its software, which covers accountancy, human resources, and payroll. The company is led by chief executive Kevin Dady, 54.

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Company details
Year2018
Rank227
CompanyIRIS Software Group
ActivityBusiness software developer
LocationBerkshire
Sales £m*139.8
Operating profit £m*52.0
Main shareholdersHgCapital (c50%), Intermediate Capital Group (c50%)
Staff1,304
Founded1978
Websitewww.iris.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda