
Published 24th July 2008
Bestoutcome Limited, a UK-based consultancy specialising in IT project and programme
management, has announced that it has acquired the whole of the issued share capital of ISA Limited, a supplier of tailored and integrated business applications built on the latest Microsoft technology platforms including Sharepoint and the .NET Framework...
With a forecast this year of annual revenue in excess of £5 million, a combined IT services enterprise has been created from the agreement signed on July 18th. Barry Jackson and David Walton, respectively chairman and managing director of Bestoutcome, will join the ISA board, and Thomas Payne, managing director of ISA, will join the consultancy's board.
The acquisition enables the two companies to immediately pool resources, enjoy economies
of scale, and offer a comprehensive range of complementary IT products and services to
clients. This will include strategic consultancy, execution, and ongoing support. Marketing and sales will be aimed at the retail, finance, media, healthcare, distribution, and construction industries, and other vertical markets.
"At a stroke, the acquisition has doubled not only both organisations' resources and access to new business opportunities, but also the products and services each can offer within a combined, highly competitive, and stable group," said Barry Jackson, an experienced entrepreneur with a track record of creating successful IT companies in Europe.
The combined products and services portfolio will include proven project and programme
management expertise from Bestoutcome; the company's PM3 software product for strategic,
outcome driven project and programme management; ISA's IsaQuest products for quality
assurance and data capture; the company's customer relationship management solutions
based on Microsoft Dynamics CRM; and it's high quality software development capability to
Microsoft Gold Certified Partner standards.
Bestoutcome acquired the software developer for two reasons: first, because its work for
clients often entails providing crucial software projects as part of a programme, which before was sub-contracted to outside suppliers. By purchasing ISA the work may now be done in-house, with more control over meeting quality, time and budget constraints. If the client's requirements change it can be reflected faster in the work in progress.
Second, ISA has already worked extensively with Bestoutcome, developing the latter's PM3
software product. The consultancy was impressed by the developer's performance and
suggested a closer working relationship, which led to the acquisition.