Amor Group Explained

Amor Group Business Technology Solutions
Location City:Glasgow
Location Country:Scotland
Locations:Aberdeen, Coventry, Edinburgh, Houston
Revenue:£33.89 million
Revenue Year:2011
Owner:Lockheed Martin
Num Employees:500
Num Employees Year:2013
Divisions:Public Sector, Energy, Transport

Amor Group was Scotland's largest independent business technology company[1] before being acquired by Lockheed Martin in September 2013.[2] 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.[3] The buyout attracted a Scottish business award for the 'deal of the year'.[4]

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.[5]

In November 2010, the group purchased global managed services provider DW Technology Services Ltd and inherited its 25 employees.[6]

In 2011, the group purchased aerospace software business FS Walker Hughes,[7] incorporating its Chroma Suite products into the group's own Airport product offerings.[8]

In October 2011, the group purchased London healthcare IT firm, Invisys.[9]

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.[10] Other offices are based in Aberdeen, Daresbury, Dubai, Edinburgh, Coventry and Houston, Texas.[11]

Amor Group operated in the Public, Energy and Transport sectors with clients including the National Health Service (NHS),[12] Scottish Charity Regulator (OSCR),[13] Centrica,[14] and Oslo Airport.[15] The group is a gold certified Microsoft partner.[16]

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.[17]

External links

Notes and References

  1. News: Amor Group Builds Sales Strategy on the Sales Cloud . 3 June 2011. ScotlandIS.
  2. Web site: Renfrewshire-based Amor Group sold to US technology giant. BBC News. 27 October 2013.
  3. News: Smith. Mark. IT firms back in Scottish hands after £28m buyout. 6 June 2011. The Herald. 13 May 2009. .
  4. News: DEALS AND DEALMAKERS 2010: Triumph for technology group as it takes two top prizes . 6 June 2011 . Business Insider . 3 September 2010 . dead . https://web.archive.org/web/20111005171938/http://www.business7.co.uk/insider-magazine/2010/09/03/deals-and-dealmakers-triumph-for-technology-group-as-it-takes-two-top-prizes-106408-22536043/ . 5 October 2011 .
  5. Web site: Amor Group . 2022-09-30 . GCP . en-GB.
  6. News: November 2010 . Amor Group acquires DW Technology Services . dead . 30 September 2022 . 30 September 2022 . https://web.archive.org/web/20220930132535/https://www.hartenergy.com/news/amor-group-broadens-energy-offering-acquisition-89054 .
  7. News: FS Walker Hughes sold in multi-million pound deal . https://archive.today/20150520155039/http://www.manchestereveningnews.co.uk/business/business-news/fs-walker-hughes-sold-in-multi-million-865235/ . dead . 20 May 2015 . Manchester Evening News . 12 July 2011 .
  8. News: GCP backed Amor Group pursues buy & build strategy in acquisition of FS Walker Hughes. 12 July 2011. 1 May 2015. https://web.archive.org/web/20150723221935/https://www.growthcapital.co.uk/strategic-acquisition-puts-company-on-track-to-achieve-revenues-of-70-million/. 23 July 2015. dead.
  9. News: Amor buys healthcare IT company. 11 October 2011.
  10. Web site: Amor Group Headquarters. 6 June 2011. https://web.archive.org/web/20110903231707/http://www.amorgroup.com/contact-us/glasgow-office-amor-group-headquarters/. 3 September 2011. dead. dmy-all.
  11. News: Reid. Scott. Amor sets sights on rapid growth after £28m management buyout. 6 June 2011. The Scotsman. 13 May 2009. Edinburgh.
  12. News: Amor Group builds for Golden Jubilee. Whitfield. Lyn. 6 June 2011. E-Health Insider. 1 February 2011. https://web.archive.org/web/20110728130141/http://www.ehi.co.uk/news/industry/6605/amor-group-builds-for-golden-jubilee. 28 July 2011. dead.
  13. News: OSCR signs for online system. 6 June 2011. The Guardian. 30 March 2011. London. Government. Computing.
  14. News: Gourley. Perry. Amor wins 5-year contract with Centrica worth £½m. 6 June 2011. The Scotsman. 24 May 2010.
  15. News: Murden. Terry. Amor wins Oslo bidding to track air passengers. 6 June 2011. The Scotsman. 27 April 2010.
  16. Web site: Microsoft Solution Finder . Microsoft . 6 June 2011 . dead . https://web.archive.org/web/20110809223656/https://solutionfinder.microsoft.com/Partners/PartnerDetailsView.aspx?partnerid=201f978c28fb49bf9e6742f7c9f30fe2 . 9 August 2011 .
  17. News: Lockheed acquires Amor group as part of global expansion plan. Andrea Shalal-Esa. Reuters . 11 September 2013.

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