Well-known accountant joins board at listed software firm

A well-known East Midlands accountant has joined listed Ruddington software firm Ideagen.

Julian Clough has joined the company as a non-executive director and chairman of the Audit Committee.

Clough has enjoyed a 40-year career in accountancy spanning audit, financial investigation and transaction services. Most recently he served as a partner at Mazars having previously served as a partner at both BDO and RSM Tenon. He qualified as a chartered accountant in 1985 with Coopers and Lybrand (now PwC) and has advised on over 300 transactions including Ideagen’s AIM flotation in 2012 and the MBO and subsequent IPO of Games Workshop Group.

Meanwhile, Ideagen says it expects revenues to rise by 7% to around £29.2m for its six months to October 21, with EBITDA increasing by 25% to £10m.

Ben Dorks, chief executive, said “I am pleased to report another excellent start to Ideagen’s financial year. We continue to execute our strategy, delivering growth both organically and through acquisition, and have invested in the Group without stretching our disciplined approach to costs.

“We are delighted to welcome Julian Clough to the Board. His appointment brings a seasoned financial expert to the Board and his blend of transaction and audit experience will be a significant asset to the Group.”