‘Serial acquirer’ in driving seat after £7m deal for software specialist
Software Circle has put itself in the driving seat after acquiring a specialist software company in a deal worth up to £7.5m.
The AIM-listed business has bought Torquay-based Total Drive Software, which provides an end-to-end software solution to 6,000 individual driving instructors
Software Circle, which used to be called Grafenia, is a "serial acquirer" of vertical market software businesses.
Gavin Cockerill, chief executive of the Manchester-based group, said it was "another great addition" to its growing portfolio.
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