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Acquisition of Ameo

Acquisition of Ameo.

articleTpximpact Holdings PlcMarch 11, 20205/company/the-panoply-holdings-plc/news/acquisition-of-ameo
Acquisition of Ameo

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[{"type":"text","content":"\n \n \n RNS Number : 6899F\n Panoply Holdings PLC (The) \n 11 March 2020\n  \n \n \n \n This announcement contains inside information\n \n \n 11 March 2020\n \n \n  \n \n \n The Panoply Holdings PLC\n \n \n (\"The Panoply\", or the \"Group\")\n \n \n  \n \n \n Acquisition of Ameo \n \n \n Strengthening and diversifying the Group's Public Sector offering \n \n \n  \n \n \n The Panoply Holdings PLC, a digitally native technology services group, announces the acquisition of the entire issued share capital of Ameo Professional Services Ltd (\"\n \n Ameo\n \n \"), a consultancy specialising in delivering business change, with a strong focus on the public sector (the \"\n \n Acquisition\n \n \"). \n \n \n  \n \n \n Ameo has been working with businesses for over 10 years seeking to deliver long-lasting, cost-effective change across a wide range of areas, from financial reporting and process design to digital innovation. Public sector work is expected to represent over 90% of revenues for\n the \n current\n  \n financial year and, s\n ince being formed, Ameo has worked with over 100 clients. \n Ameo's ethos is to seek to work as a partner with its clients in order to develop sustainable solutions and improve the skills of its clients' teams.\n \n \n  \n \n \n The Board believes that the Acquisition will bring additional and complementary capabilities to the Group's public sector offering, as well as extending its reach into this key market. The strategy and change delivery capability of Ameo, alongside the organisational and service design capability of FutureGov, and the backing of The Panoply's first-in-class technology businesses provides the basis for targeting and winning increasingly large digital transformation projects in the UK public sector.\n \n \n  \n \n \n Ameo's extensive public sector experience includes:\n \n \n  \n \n \n \n \n \n \n · \n in local government, Ameo's longest standing market, the delivery of more than 400 projects to deliver positive change for c\n ouncils. Recent examples include supporting the Local Government Reorganisation for Dorset Council and the development and delivery of a new Council Operating Model for Warwickshire County Council; \n \n \n \n \n \n \n ·\n in healthcare, devel\n oping multi-agency healthcare partnerships and supporting initiatives in...

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