Member Info for Aphrodite

They could scarcely go into discussions with several others through an intermediary and expect it to remain secret. So they were transparent with the broad range of outcomes. Had they not been so, shareholders would have moaned about that.

I just add that it was heavily ramped, created a following, helped along by Breith and his RNSs. The placing, in hindsight, brought some sanity back. Company seems to be doing OK now.

I make the presumption the other parties are listed entities somewhere?

If there's a change in company status, they'll surely announce it when and if it happens, the same as the other parties. Or they'll announce the end of the review.

Surge in demand for social housing revealed in briefing paper (link: http://housinginfo.com.au/surge-in-demand-for-social-housing-revealed-in-briefing-paper/) housinginfo.com.au/surge-in-deman… #housinginfo #socialhousing #publichousing Same pretty much everywhere I should think. But they don't seem to get a grip on it.

It is foreseen that the .DIGITAL ecosystem, said to be the future of self service, will become ' generally available ' during 2018.

Had a look at SDM in view of the comments by TechmarketView that this might be Castleton's next acquisition. "We understand that competitors, like UK-headquartered SDM Housing Software, as well as local Australian firms, have a small footprint in comparison." "Now we'll just take bets on whether SDM is the next acquisition target!" It's another small UK private company, based in Chester, with about 30 staff overall. I don't think it would bring much by way of new tech - Castleton is covering all that - but has a dedicated following. Has some 150 UK customers. Been in Australia since 2010, bought out TMS there and became the leading supplier to community housing in New South Wales, with customers across Australia. Castleton moved in with NSW it's base, ( Castleton and SDM in Sydney ) and SDM a minnow in comparison. It has about 7 staff and a bunch of 50 or so customers there. Castleton wants them. Castleton can either compete and nibble away at them, uncomfortable for private SDM owners, or negotiate. And further to that, Castleton and SDM been working together in the UK. At East Lothian, they jointly part-funded the implementation of the association's very successful tenant contact solution, as a result of which 58% of tenant transactions have moved online. Acquisition of SDM could 'wrap up' New South Wales, the most heavily populated Australian state, for Castleton. So it has become an interesting situation as they expand there.

I would have thought some of this might warrant a RNS to shareholders, but perhaps that'll come when they start rolling new products out in earnest.

But a little more boringly I was pleased to see this, reflecting immediate interest in solutions either now available or going out to associations on test. The following day proceeded with more showcases of Castleton’s new solutions including Castleton.DIGITAL, Data Services and their new Business Intelligence solution in partnership with Glantus. All the sessions received positive reviews from the audience; Castleton have already received significant interest in the new solutions and there are already customers lining up to be part of the .DIGITAL ecosystem and beta tests over the coming months!

Maybe this is a candidate, which I know some conference delegates thought applicable in care situations. The highlight of the Day was the showcase of Castleton’s new AI product, which was demonstrated live on stage with the use of Amazon’s Alexa, allowing a customer to raise a repair, find out their rent balance, and much more. Delegates were very excited to see the potential of this solution live in action and couldn’t wait to find out when they can get their hands on it!

so TechmarkerView say following talks with CEO and CFO. I don't subscribe, but " much more to come following strong first half results " is all I need. TechMarketView @TechMarketView ·6h ‪@CastletonTech‬: bought, built & integrated. Now to enhance its housing assoc’n offering with emerging tech Tuesday 05 December 2017 *NEW RESEARCH* Castleton Technology: The post integration journey Following the announcement of Castleton Technology’s H1 results earlier in November (see Castleton H1 revenue up 11%) and the more recent acquisition of Kinetic Information Systems Pty (see Castleton buys and builds down under), we took the opportunity to catch up with the company’s CEO, Dean Dickinson, and CFO, Haywood Chapman. The H1 results were strong but there is much more to come from the provider of software and managed services to the public and not-for-profit sectors (predominantly the social housing sector). PublicSectorViews' subscribers can learn more about Castleton's current business, its future investmnet focus and its prospects in the latest resaerch note from TechMarketView's PublicSectorViews team - Castleton Technology: The post integration journey. If you are not yet a PublicSectorViews subscriber, or would like to find out if your organisation has access to the research, please contact Deb Seth.  Posted by Georgina O'Toole at '16:32' - Tagged: public+sector   localgovernment   software  managedservices   housing   Share this article

In other words, the acquisition brought customers that make suitable targets for Castleton's broad range of products.

� " Kinetic adds over 50 customers into which Castleton can cross-sell its other products with the combined customer base giving Castleton circa 40% of the market share for Tier 1 providers in Australia " Been having a look at that. The national system requires registration under one of 3 Tiers, dependent on the amount of regulatory oversight needed of their activities. In general, Tier 1 relates to faster developing, growing organisations, with future plans requiring oversight.

I wondered about covering the ground. When Mr. Dickinson was there in October he visited Castleton customers in 5 states. But I believe we will be talking here of fully hosted cloud managed services.

Further to the acquisition of this 17yrs. old private company. (Kath Cain is Castleton/Kypera manager in Sydney ) Kinetic currently in Newcastle NSW - 100 miles or so. "The Kinetic management (Alison Burt and Scott Graham) and staff will be joining together with the Castleton team to form a new enlarged organisation that will be led by Kath Cain. Dean Dickinson is in Australia presently and will be meeting with the Kinetic team at their office on Tuesday 5th December to give them an overview of Castleton. Dean will also be meeting with both Kypera�s and Kinetic�s customers over the next week as well as the existing Australian team."

A little more on Kinetic and the products mentioned in the RNS http://www.kineticis.com.au/wp-content/uploads/2010/10/Brochure_CommunityHousing_July2011_web.pdf

Kinetic Information Systems is a specialist solution provider. With over a decade�s experience providing market leading technology to companies across Australia, Kinetic has developed a business ethic founded on understanding and realising customer objectives. With a client base that spans chemical manufacturers to community housing, local government to financial services, Kinetic�s broad experience ensures vertical market specific issues are understood, appropriate solutions proposed and solutions rapidly delivered. From the drive to reduce costs to meet funding cuts, to the need to improve agility through faster decision making, Kinetic�s experience delivering procurement, purchase to pay, ERP and data visualisation solutions ensures organisations achieve a rapid business resolution and return on investment. Kinetic�s expertise has been recognised by market leading software vendors globally. In addition to creating a strong position as a key reseller of the PROACTIS procurement software in Australia, Kinetic is one of only six accredited QlikView partners in Asia Pacific, and is also recognised as one of Greentree�s strategic ERP partners. Combining excellent service delivery with vertical market expertise and market leading software applications, Kinetic enables businesses to identify business values, manage risk and maximise success.

We'll have to wait and see, but a suggestion there of an ongoing Australian buy and build to rapidly secure a large customer base, into which to cross sell Castletons existing UK acquired and now fully integrated range of solutions. SDM mentioned as a possibility for starters. That would replicate what they did in UK, but with Castleton as an established brand building on Kypera there, and from a much better starting point.

4th. December 2017 Castleton buys and builds down under Castleton logoCastleton Technology has already �bought and built� (see Castleton H1 revenue up 11% and work back) over the last couple of years to establish a position in the social housing sector in the UK. Now, it is doing the same in Australia where, up until now, it has had a very small footprint (c12 customers and �0.5m of turnover). The software and managed service provider to the public and not-for-profit sectors has announced the acquisition of Kinetic Information Systems Pty Ltd, �the leading provider of software solutions to the Community Housing sector in Australia�. Kinetic has over 50 customers on its books and a c40% share of the market for Tier 1 providers in Australia. Impressively, it claims a 100% customer retention over the last ten years. We understand that competitors, like UK-headquartered SDM Housing Software, as well as local Australian firms, have a small footprint in comparison. There will be plenty of opportunity to cross-sell Castleton�s UK software into the Australian market, where the market trend is mimicking the UK's 20 years ago, i.e. more housing stock is being pushed to social housing providers. Kinetic has three pillar offerings underpinning its ERP software solutions: MYOB GreenTree, a Tier 2 ERP software solution; QlikView, business intelligence software; and its proprietary Kinetic Housing Schema software platform, which takes the standard ERP and BI software and creates a fully integrated solution (and contributes c10-15% of revenues). The company also has a strong consultancy revenue stream. But there are plenty of Castleton offerings that Kinetic doesn�t touch currently, like CRM, document management or mobile solutions. All in all, this looks like a neat acquisition for Castleton, which brings with it the possibility of rapid expansion within the region (and indeed, into other countries like New Zealand, or adjacent sectors). With turnover of AU$2.3m (c�1.3m) and normalised EBITDA of AU$0.6m (c�0.3m), the deal (initial cash consideration of AU$2.0m (c�1.14m), a deferred cash payment of AU$0.5 million (c�0.3m) and a further payment dependent on performance to June 2018) looks fair. Now we�ll just take bets on whether SDM is the next acquisition target�! Posted by Georgina O'Toole at '09:50' - Tagged: localgovernment erp acquisition software M&A BI socialhousing Australia

I think that year is behind. As far as FCA/RCN/Weaver matters, neither Mxc nor Liberty Global seem concerned with any repercussions as Weaver now seems to be the partner fronting the deal making.