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PDMS’ expansion boosted by ?1m deal

by isleofman.com 4th September 2014

Just five months after the launch of their Scottish office, Isle of Man software engineering company PDMS Ltd has announced an agreement for its UK subsidiary, Professional Data Management Services (UK) Limited, to acquire certain parts of the business and assets of Maxima Information Group Limited, a subsidiary company within the Castleton Technology group of companies.  In a deal worth approaching ?1 million, the acquisition relates to the ERP, payroll software, and ferry ticketing business.

This move will see PDMS substantially increase their staff numbers whilst growing their presence and client base in Scotland – a demonstration of their ongoing commitment to developing their Scottish operations.  The expansion is also welcomed by Scottish Enterprise who have helped the company get up and running in Scotland. 

PDMS’ Managing Director, Chris Gledhill commented, “We are delighted to welcome Maxima ABS’ staff and customers to PDMS. Our growing business in Scotland fully complements our Isle of Man operations and we are really excited about the new opportunities this acquisition brings”

PDMS has been operating in the ICT sector for over 21 years and the acquisition is a good strategic business fit which complements PDMS’ existing range of software services and solutions.  PDMS has recently been making further inroads in the maritime sector and through both its existing projects and ABS’ ferry ticketing and reservation software, PDMS will now become a major technology supplier in the ferry industry, with customers including one of Scotland’s main ferry operators – CalMac Ferries Ltd and the Isle of Man Steam Packet Company.

Through the acquisition PDMS can now also offer Maxima ABS’ customers a complete end to end service and access to additional expertise and innovation. PDMS’ Director in Scotland, David Stickland added, “This is a great opportunity for both organisations to combine our technical expertise, and our deep understanding of the challenges faced by different sectors, for the benefit of our clients”.

Joining forces with PDMS is a welcome development for ABS Maxima, who will be able to tap into PDMS’ investment in their Foundations platform – which enables the rapid and cost effective development of online systems.  Derek Rae, Director of Maxima ABS, explained, “We are very much looking forward to becoming part of the PDMS team. Like us they have been around for a long time and I believe they have the innovation and skills that will be of great benefit to us and our customers”.

Posted by isleofman.com
Thursday 4th, September 2014 01:46pm.

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