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BPO provider Civica sold for £380 million to Canadian based equity group

9 May 2013 12:00 AM | Anonymous

UK based Civica, who specialise in BPO software focused on the public sector, have been acquired by Canadian based OMERS Private Equity.

OMERS have purchased the controlling stake in the business for £380 million, with Civica management continuing to retain shares in the company.

The acquisition comes as Civica enjoys growth from UK government business, increased by the pressure to reduce department budgets, with Civica seeing an 11 percent increase in revenues in 2012.

Civica currently provides services to a majority of UK local authorities and services including the NHS, education facilities and the UK police forces.

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