Amor Group was Scotland's largest independent business technology company,[3] specializing in energy, transport and public sector health, 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]
History
In 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. Amor Group was purchased by the defence giant Lockheed Martin in September 2013 for an undisclosed amount.[19]
External links
References
- Amor Group revenues reach £34m Insider UK, 7 April 2011, retrieved September 30, 2022^
- Lockheed Martin Acquires Amor Group Lockheed Martin Corporation, retrieved September 30, 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, 11 September 2013, retrieved 27 October 2013^
- . Mark Smith. IT firms back in Scottish hands after £28m buyout The Herald, 13 May 2009, retrieved 6 June 2011^
- DEALS AND DEALMAKERS 2010: Triumph for technology group as it takes two top prizes Business Insider, 3 September 2010, retrieved 6 June 2011^
- Amor Group GCP, retrieved 2022-09-30^
- Amor Group acquires DW Technology Services November 2010, retrieved 30 September 2022^
- FS Walker Hughes sold in multi-million pound deal Manchester Evening News, 12 July 2011^
- GCP backed Amor Group pursues buy & build strategy in acquisition of FS Walker Hughes 12 July 2011, retrieved 1 May 2015^
- Amor buys healthcare IT company 11 October 2011^
- Amor Group Headquarters retrieved 6 June 2011^
- Scott Reid. Amor sets sights on rapid growth after £28m management buyout The Scotsman, 13 May 2009, retrieved 6 June 2011^
- Lyn Whitfield. Amor Group builds for Golden Jubilee E-Health Insider, 1 February 2011, retrieved 6 June 2011^
- Government Computing. OSCR signs for online system The Guardian, 30 March 2011, retrieved 6 June 2011^
- Perry Gourley. Amor wins 5-year contract with Centrica worth £½m The Scotsman, 24 May 2010, retrieved 6 June 2011^
- Terry Murden. Amor wins Oslo bidding to track air passengers The Scotsman, 27 April 2010, retrieved 6 June 2011^
- Microsoft Solution Finder Microsoft, retrieved 6 June 2011^
- Andrea Shalal-Esa. Lockheed acquires Amor group as part of global expansion plan Reuters, 11 September 2013^