Loughborough software firm snaps up construction-based counterpart

Loughborough-based software developer The Access Group has bought Construction Industry Solutions and COINS US Group for an undisclosed sum.

COINS is a leading construction management software and services company which services the contracting, home building and service management sectors globally, and has more than 100,000 users worldwide.

Nelsons and Addleshaw Goddard advised on the deal.

David Kaplan, partner and solicitor in Nelsons’ corporate team, said: “We have worked with the key shareholders and management team of CSB for nearly ten years and I am delighted that all their hard work over the years in building and developing the COINS group and its offering has been recognised by a global leader in the software industry. By joining forces with Access, the COINS group will undoubtedly go from strength to strength.”

Adrian Halls, chief financial officer at CSB, said: “We have always valued the pragmatic approach and commercial wisdom that David Kaplan and the team at Nelsons bring to the table.”

Other advisors to CSB included KPMG Corporate Finance, BDO and Ashgates. Advisers to Access included Travers Smith and PWC.