Northgate Information Solutions

Northgate Information Solutions has continued its steady expansion with the $85m acquisition earlier this year of the HR management software division of Convergys, an American group. Northgate also provides outsourcing and IT services to public-sector clients, including local authorities and schools. The company, which is based in Hemel Hempstead, Hertfordshire, was floated on the stock market in 1994, but was taken private by KKR, the private-equity firm, in March 2008 for a reported £597m. It now has more than 8,000 staff in 46 countries. Under chief executive Chris Stone, sales reached £646m in 2009.

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Company details
CompanyNorthgate Information Solutions
ActivitySoftware and services provider
Sales £m646
Profit £m121
Year endApr 09
Principal shareholdersKKR (80%), management (10%), other institutional investors (10%)

If applicable:

* Supplied by company † Annualised figure