Capita unveils two takeover deals

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Capita Group chief executive Paul Pindar unveiled two takeover deals worth a combined £128.5 million

Outsourcing giant Capita Group has unveiled two takeover deals worth a combined £128.5 million as it ramps up acquisitions.

The firm has bought SunGard Public Sector Holdings for £86 million, adding 950 staff mainly based in Chippenham, Gloucester and London. It has also snapped up hotel booking and meetings management agency BSI for £42.5 million to boost its business travel division.

Paul Pindar, chief executive of Capita, said: “This acquisition will make Capita’s business travel offering one of the top five, by size, in the UK business travel market.”

BSI has around 300 employees in Taunton, Nottingham, Cheadle and London. It has clients in both the public and private sector, including Marks & Spencer, easyJet and the Crown Prosecution Service.

Mr Pindar added: “In particular, with central government looking to significantly drive down travel and subsistence costs for public sector workers, we will be in a strong position to help achieve these aims both in terms of greater overall efficiency and reduced unit costs.”

It has also added the SunGard business to further increase its public sector offering.

The group – a UK business of US-headquartered SunGard Data Systems – supplies information and communications technology (ICT), radio network services and communications systems to the emergency services as well as central and local government.

Its largest clients include police forces, local authorities and the Highways Agency.

Mr Pindar said: “This is a key new area for Capita and, given the cuts in funding which the sector faces next year, one which provides real opportunities for the group to add value.”

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