The Access Group Explained

The Access Group Ltd
Industry:Software
Location City:Loughborough
Area Served:UK
Europe
APAC
Key People:Chris Bayne (CEO)
Jon Jorgensen (CSO)
Terry Taylor (COO)
Kerry Agiasotis (President APAC)
Divisions:Construction
Health and Social Care
Education
Legal
ERP
Not for profit
Hospitality
Recruitment
Retail
HR & Payroll
Num Employees:7000 (as of 2022)
Products:Access Workspace
Assets: £9.2 billion (2022)

The Access Group is a business software company headquartered in Loughborough, England. It was founded in 1991, and currently has more than 7,500 employees.[1] It provides business management software to over 100,000 organisations across the UK, Ireland, US and Asia Pacific.[2] Turnover was £618 million in the year to June 2022 - a year in which it completed 20 acquisitions.[3]

The company is a supplier of many IT solutions, including, but not limited to, care management software, recruitment CRM systems and Payroll Systems.[4] Its systems are used by more than 8,000 registered care providers.[5] It acquired Servelec in 2021.[6] It assists care providers to invest in apprenticeships and training.[7] In 2020 it ran an online hub to help care providers to identify and monitor people showing symptoms of COVID-19.[8]

It acquired Trailsuite Limited in 2021. It runs an app used primarily in the hospitality and leisure sector which allows businesses to run a paperless workplace with checklists, record logs and integrations.[9]

It acquired Sage Group’s local businesses in Asia and Australia in June 2021,[10] and Definitiv, a cloud payroll and Human Resources platform in August 2021,[11] and Vincere, a provider of recruitment software for staffing agencies in January 2022.[12] [13]

The company supports charities to improve the accessibility of their websites,[14] and to get and retain Google Ad Grants.[15]

It offers legal practice management software through its subsidiary, Eclipse Legal Systems.[16]

In May 2022, the Access Group announced it would acquire Australian company Reckon's Accountants Group for A$100 million. The deal included Reckon's APS and Reckon Elite software.[17] The acquisition was completed in August 2022.[18]

On 8 June 2022, the Access Group published an article stating that they had secured further investment from their principle shareholders, Hg and TA Associates. The new investment has seen the company valuation rise to £9.2 billion making the Access Group the largest UK headquartered software provider.[19]

Notes and References

  1. Web site: About . The Access Group . 16 October 2021.
  2. News: The Access Group . May 7, 2024 . We are Access . May 7, 2024 . The Access Group.
  3. News: The Access Group reports 43% increase in pro forma revenue during a year of rising profits, strong organic growth and acquisitions . 16 October 2021 . Business Live . 15 September 2021.
  4. News: Access Group system flightpath offerings . 12 September 2022 . Access UK Ltd . 12 September 2022.
  5. News: Access Group launches online hub to help track spread of COVID-19 . 16 October 2021 . Home Care Insight . 1 April 2020.
  6. News: Access acquires Servelec to create integrated health and social care offering . 16 October 2021 . Home Care Insight . 1 September 2021.
  7. News: The Access Group offers £250,000 for apprenticeships and training . 16 October 2021 . Care Home Professional . 20 September 2021.
  8. News: Access Group launches online hub to help track spread of COVID-19 . 16 October 2021 . Home Care Insight . 1 April 2020.
  9. News: Clarke Willmott acts on sale of hospitality software business . 16 October 2021 . Business Leader . 4 October 2021.
  10. News: The Access Group completes Sage Australia acquisition . 16 October 2021 . Accountants Daily . 7 June 2021.
  11. News: The Access Group acquires cloud payroll and HR platform . 16 October 2021 . Accountants Daily . 25 August 2021.
  12. News: Access Group acquires Vincere and expands its international provision of recruitment operating systems . 27 July 2022 . The Global Recruiter . 11 January 2022.
  13. News: Vincere Joins Forces with Access Group . 27 July 2022 . 6 January 2022.
  14. News: GUEST COLUMN: Ensuring you charity's website is accessible . 16 October 2021 . Access And Mobility Professional . 6 October 2021.
  15. News: The pros and cons of Google Ad Grants – and how to address them . 16 October 2021 . Charity Digital . 1 October 2021.
  16. News: Legal Practice Management Software Market Potential to Grow by USD 933.52 Mn . 16 October 2021 . PR Newswire . 13 October 2021.
  17. Web site: Karen . Sasha . 2022-05-19 . The Access Group acquires Reckon Accountants Group for $100M . 2023-01-07 . www.arnnet.com.au.
  18. Web site: 2022-08-01 . Reckon completes sale of Accountants Practice Management Group . 2023-01-07 . Financial Newswire . en-AU.
  19. Web site: 2022-06-08 . The Access Group announces substantial investment to drive continued expansion at £9.2 billion valuation . 2022-10-28 . Hg . en.