Amor Group was Scotland's largest independent business technology company[3] before being acquired by Lockheed Martin in September 2013.[4] The business was formed after a £28 million management buyout of Glasgow based Real Time Engineering Ltd. and Aberdeen based Pragma, which were under the ownership of the French global IT firm Sword Business Technology Solutions Ltd.[5] The buyout attracted a Scottish business award for the 'deal of the year'.[6]
 | |
| Headquarters | Glasgow , Scotland |
|---|---|
Number of locations | Aberdeen, Coventry, Edinburgh, Houston |
| Revenue | £33.89 million[1] (2011) |
| Owner | Lockheed Martin |
Number of employees | 500[2] (2013) |
| Divisions | Public Sector, Energy, Transport |
| Website | www |
History
editIn May 2009, Capital Growth Partners (CGP) made and "investment partnership" with Amor Group. CGP exited their investment into Amor Group in September 2013.[7]
In November 2010, the group purchased global managed services provider DW Technology Services Ltd and inherited its 25 employees.[8]
In 2011, the group purchased aerospace software business FS Walker Hughes,[9] incorporating its Chroma Suite products into the group's own Airport product offerings.[10]
In October 2011, the group purchased London healthcare IT firm, Invisys.[11]
The group was headquartered in the former industrial tyre building of India of Inchinnan in Renfrewshire, although this was referred to by the company as the 'Glasgow Headquarters' on their corporate website.[12] Other offices are based in Aberdeen, Daresbury, Dubai, Edinburgh, Coventry and Houston, Texas.[13]
Amor Group operated in the Public, Energy and Transport sectors with clients including the National Health Service (NHS),[14] Scottish Charity Regulator (OSCR),[15] Centrica,[16] and Oslo Airport.[17] The group is a gold certified Microsoft partner.[18]
Amor Group was a portfolio company of Growth Capital Partners.
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Amor Group was purchased by the defence giant Lockheed Martin in September 2013 for an undisclosed amount.[19]
References
edit- ^ Amor Group revenues reach £34m, Insider UK, retrieved 30 September 2022
- ^ Lockheed Martin Acquires Amor Group, Lockheed Martin Corporation, retrieved 30 September 2022
- ^ "Amor Group Builds Sales Strategy on the Sales Cloud". ScotlandIS. Retrieved 3 June 2011.
- ^ "Renfrewshire-based Amor Group sold to US technology giant". BBC News. Retrieved 27 October 2013.
- ^ Smith, Mark (13 May 2009). "IT firms back in Scottish hands after £28m buyout". The Herald. Retrieved 6 June 2011..
- ^ "DEALS AND DEALMAKERS 2010: Triumph for technology group as it takes two top prizes". Business Insider. 3 September 2010. Archived from the original on 5 October 2011. Retrieved 6 June 2011.
- ^ "Amor Group". GCP. Retrieved 30 September 2022.
- ^ "Amor Group acquires DW Technology Services". November 2010. Archived from the original on 30 September 2022. Retrieved 30 September 2022.
- ^ "FS Walker Hughes sold in multi-million pound deal". Manchester Evening News. 12 July 2011. Archived from the original on 20 May 2015.
- ^ "GCP backed Amor Group pursues buy & build strategy in acquisition of FS Walker Hughes". 12 July 2011. Archived from the original on 23 July 2015. Retrieved 1 May 2015.
- ^ "Amor buys healthcare IT company". 11 October 2011.
- ^ "Amor Group Headquarters". Archived from the original on 3 September 2011. Retrieved 6 June 2011.
- ^ Reid, Scott (13 May 2009). "Amor sets sights on rapid growth after £28m management buyout". The Scotsman. Edinburgh. Retrieved 6 June 2011.
- ^ Whitfield, Lyn (1 February 2011). "Amor Group builds for Golden Jubilee". E-Health Insider. Archived from the original on 28 July 2011. Retrieved 6 June 2011.
- ^ Computing, Government (30 March 2011). "OSCR signs for online system". The Guardian. London. Retrieved 6 June 2011.
- ^ Gourley, Perry (24 May 2010). "Amor wins 5-year contract with Centrica worth £½m". The Scotsman. Retrieved 6 June 2011.
- ^ Murden, Terry (27 April 2010). "Amor wins Oslo bidding to track air passengers". The Scotsman. Retrieved 6 June 2011.
- ^ "Microsoft Solution Finder". Microsoft. Archived from the original on 9 August 2011. Retrieved 6 June 2011.
- ^ Andrea Shalal-Esa (11 September 2013). "Lockheed acquires Amor group as part of global expansion plan". Reuters.