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http://www.growthbusiness.co.uk/closing-acquisitions-the-vin-murria-way-2469867/
Yes just just waiting for the takeover panels blessing then VIN murrai will do what she does best. Create shareholder value in a short space of time.
This is bargain basement at the moment.
Welcome soul sister it’s win win win for VIN
Vin Murrai
This is the second acquisition from Computer Software Group in the last eight weeks. Back in March, it bought Care Business Solutions (CBS), a marginally unprofitable software group operating in the not for profit sector. The asking price for CBS – which sported annual revenues of £2.65 million – was £2.8 million cash. ‘We are paying cash when we takeover ventures because we don’t want to dilute shareholders, debt is cheap and our cash flow is strong’.
VIN don’t like diluting shareholders. Proof is in her successful track record.
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https://www.ft.com/content/5c6b69ec-ead2-11e1-984b-00144feab49a
the UK when she was three years old, and by the age of 17 she found herself rescuing her father’s corner shop business when it ran into financial trouble.
She led the fight with the bank which threatened to pull the plug, coped with the sale of the business, the care of her siblings and the distress of her parents, which led to their ill-health.
It was a tough introduction to the world of business but today, Ms Murria talks about the “great privilege” of living in the UK, with health and education available “on the doorstep”.
“My mother, who never got an education, wanted to make sure that I did. She once brought someone to the house for dinner who told me that I should read Computer Science magazine, so that’s what I did – I didn’t even know what it was at the time,” she says.
She is now chief executive of Aim-listed Advanced Computer Software Group which, in three and a half years, she has built into a company with a market capitalisation of £200m and which employs 1,000 people, with an eye on expanding its export markets.
In recognition of her achievements in the technology sector, Ms Murria was named “Woman of The Year” at the 2012 Cisco Everywoman in Techology Awards in April.
It was the latestg high in a career that grew out of her MBA final year project. She was awarded BSc, first class, in Computer Science by the University of London and followed it up with an MBA, which led to a job in sales with Kewill Systems, a logistics software company founded in 1972 and named after two management consultants – Kevin Overstall, the chief executive, and William Loeffen.
Ms Murria recalls: “Kevin spotted something in me – this loud, noisy, enthusiastic and driven 22-year-old – and put me in charge of 13 acquisitions in 15 years. I went through the process of getting involved in every business and understanding how it operated,” she says.
By 1997, Kewill was on the Forbes list of global small companies, with the magazine commenting that “at this rate, Walton-on-Thames [its base] could soon be the headquarters of a truly global company”.
In fact, it was headed for difficult times, but by the time Ms Murria, who had become group chief operating officer, left in 2001, she says: “I felt that I could do it myself, having been taught an immense amount.”
Full of confidence, she became chief executive of Computer Software Group, and “did exactly what we did at Kewill – acquired a great many companies”. She then took it private in 2007 at the height of the private equity boom.
She netted her i
Today is less than the annual revenues of £3.7m. The market cap is pittance especially when we have a solid robust business with world class clients & V Murrai taking this company forward.
Don’t look at the share price look at the market cap which is 5 x lower than where it should be. Plenty of leverage & once approval is in place you watch this company. Like I said VM is not one to hang around. She backing this company with £500k of her own money. The whole tech industry will be all over this. Just watch and wait.
Tech entrepreneur Vin Murria has taken a significant stake in broker finnCap.
Following the purchase, believed to equate to around 10% of the firm's capital, Murria (pictured) has been appointed a strategic adviser to finnCap, with a view to becoming deputy chairman later down the line.
Finncap is not Murria's only investment in the financial services space.
She is also a shareholder and sits on the advisory panel for Hay Hill Wealth Management, which was recently acquired by a number of high profile investors, including Conservative party treasurer Lord Stanley Fink.
Murria also has non-executive directorships at security software company Sophos, Zoopla and IT infrastructure provider Softcat, and is a senior adviser at NM Rothschilds.
She has more than 25 years’ experience in venture capital, private equity, M&A as well as operational experience in the software sector.
Commenting on the decision to take a stake in finnCap and backing finncap chief executive Sam Smith - the first female broker boss, Murria commented: 'I’m thrilled to be backing another female entrepreneur who is having a significant impact in the market and I strongly believe the UK should be encouraging more successful female-led businesses. '
Smith, who founded finnCap, added: 'We want to do things differently and Vin’s experience growing and advising FTSE 250 companies will be invaluable as we continue to help ambitious companies grow.
She set up Advanced Computer Software in 2008 and sold the business for £765 million in 2015.
25 years creating wealth. I’ll have some :-)
Riseagain,
You do not offer anything to this board other than a few one liner comments About the price. Price is what people are prepared to pay when buying or selling. Well before that happens investors would have bought based on research. I and a lot of good,posters here like , Harhoo, degsy, camkite and others post some factual information about the company and the board or management and the companies business. You offer absolutely nothing of substance.
I have bought because the company has £3.7M in revenues & NO DEBT, a world class client list that is well established with recurring renewal interest with the likes of Delta , Shell Exxon TD Bank Cargill, Norvatis and many more on board.
Add to that the main reason of my investment. Vin Murrai, OBE aka “QUEEEN of TECH” wha has in the last 10 yeast made deals and created shareholder value like I have never seen before.
Vin Sold SOPHOS for £765M
Vin helped sell Zoopla £2.2 billion
More recently she took an Aim co from loss making to £500m within 2 years.
I am very confident she will do it again as these kind of people re very rare and they are what I call natural born winners.
I guess your here for another reason. Either you want in so you are attempting to disrupt the board for your self interests or your very bitter about IMTK for reasons only you know.
Now jog on and make yourself useful.
We are in it to WIN it. Our chips are in the table.
Nice to see you hear Camkite. This has not even started yet. sub 3Millio. Market cap is a bargain.
Could this be the company Vin brings on board ;-))£ http://thefintechtimes.com/taina-technology-proud-welcome-vin-murria-strategic-advisory-board/
Vin locked herself in before takeover panel decision takes place soon when the share price was 4p. This is a £3M Market cap company. Vin Murria is also in discussions to make a controlling equity investment (the "Equity Investment") at a price of between 2.5 pence and 5 pence per Ordinary Share in the Company conditional on the Takeover Panel waiving the obligation for her to make a general offer for the Company under Rule 9 of the Takeover Code.
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Dina Medland SEPTEMBER 20, 2012 Print this page1
Vin Murria began earning business accolades at a young age. She was born in the Punjab, the oldest child of an Indian family who came to the UK when she was three years old, and by the age of 17 she found herself rescuing her father’s corner shop business when it ran into financial trouble.
She led the fight with the bank which threatened to pull the plug, coped with the sale of the business, the care of her siblings and the distress of her parents, which led to their ill-health.
It was a tough introduction to the world of business but today, Ms Murria talks about the “great privilege” of living in the UK, with health and education available “on the doorstep”.
“My mother, who never got an education, wanted to make sure that I did. She once brought someone to the house for dinner who told me that I should read Computer Science magazine, so that’s what I did – I didn’t even know what it was at the time,” she says.
She is now chief executive of Aim-listed Advanced Computer Software Group which, in three and a half years, she has built into a company with a market capitalisation of £200m and which employs 1,000 people, with an eye on expanding its export markets.
In recognition of her achievements in the technology sector, Ms Murria was named “Woman of The Year” at the 2012 Cisco Everywoman in Techology Awards in April.
It was the latestg high in a career that grew out of her MBA final year project. She was awarded BSc, first class, in Computer Science by the University of London and followed it up with an MBA, which led to a job in sales with Kewill Systems, a logistics software company founded in 1972 and named after two management consul
Does best
Vin Murria, chief executive of fast growing Computer Software Group, announced today that her acquisitive firm had completed yet another deal, buying AIM Group, a software venture operating primarily in the legal sector, for £5.3 million cash.AIM Group is loss making and, as Murria mentions, sold one of its profitable business units after delivering a loss of £107,000 in the year to April 2005. However, Murria claims that the business which was sold ‘was focused on the retail sector, an area we don’t want to be in. And, while it is in the red at present, that will change. AIM Group just needs a bit of focus. Within a short space of time I am confident that it will be making a significant contribution’This is the second acquisition from Computer Software Group in the last eight weeks. Back in March, it bought Care Business Solutions (CBS), a marginally unprofitable software group operating in the not for profit sector. The asking price for CBS – which sported annual revenues of £2.65 million – was £2.8 million cash. ‘We are paying cash when we takeover ventures because we don’t want to dilute shareholders, debt is cheap and our cash flow is strong’.Neither of these purchases are likely to affect full year results (for the year to February) released this month. These are likely to show a fivefold leap in profits to somewhere north of £5 million. If the existing business continues to grow and decent cost savings are wrought from the new additions, 2006 could prove to be another record year. Excluding the above businesses, the market is expecting profits of around £7.3 millionComputer Software’s shares have soared this year to 86.5p, valuing the company at £49 million. This is still not expensive, especially when you consider that the group has grown sales from almost nothing to £38 million in little over three years. It hopes to break through the £50 million sales barrier in a short space of time.
This was a loss making business. IMTk has revenues of £3.7M and and a world class client list.
https://www.ft.com/content/5c6b69ec-ead2-11e1-984b-00144feab49a
Awesome read about her background and how she 10 bagged for investors.
Same pattern all morning can sell as many as I want but restricted buying.
About Imaginatik Imaginatik is the only innovation solution provider which has combined a proven innovation program with purpose-built idea management software to enable companies to achieve breakthrough and continuous innovation at scale. Imaginatik works with leading global enterprises to build and integrate innovation management skills as a core competency. Customers include ExxonMobil, Altria, Shell, Goodyear, AECOM, Caterpillar, Novartis and Cargill. Imaginatik is a public company traded on the AIM market of the London Stock Exchange (LSE: IMTK.L) with offices in Boston, MA, USA and Fareham, U.K. How many British companies can boast of a client list like this?? Not many I guess.
This is an excellent video for newbies who want to know why Vin Murrai is regarded as the “Queen of TECH” Lots of clues about the space that she will be involved in. https://youtu.be/wi6yNLqvAhc
2,666 posts Vin Murrai Vin Murria OBE is Deputy Chairman of finnCap, whose career has included a combination of venture capital, private equity and CEO/operational experience, centred around 20 years of M&A activity in the software sector. Vin is a partner at Elderstreet Investments and, until recently, CEO of Advanced Computer Software plc, which she founded in 2008. Advanced is a consolidator in the healthcare and business solutions sector which, in March 2015, accepted a cash offer of £765m, from Vista Equity Partners, a software and technology-focused private equity firm. Prior to this, Vin was CEO of Computer Software Group plc, a small shell which she joined Sept 2002. Five years later in 2007 after a period of strong organic and inorganic growth Vin and her team took the business private, backed by HG Capital for £100m, and subsequently following two further strategic acquisitions and a merger exited the merged entity to the US private equity vehicle Hellman Friedman for £500m (circa $800m). Vin is Non-Executive Director at FTSE250 companies Zoopla plc and Softcat plc, and a Strategic Global Advisor at Rothschilds. Her previous roles include NED at Chime plc and Greenko plc, both of which have just recently been acquired by Private Equity (Providence and GIC, respectively); COO for Kewill Systems plc (which exited at a valuation of $1.8bn); Advisory Board of Signia Wealth Management; and NED of Concateno plc. In 2007, Vin formed and funded the PS Foundation, a charitable foundation targeted at educating and supporting women in India and the
Market cap here is around £3M still very cheap considering Vin Murrai taking this into orbit like her previous companies. The Queen of Tech , here goes; http://www.growthbusiness.co.uk/software-supremo-vin-murria-1292238/
They won’t let you have the shares cheap. Try buying anything over 50K and you can’t. Last trade goes thorough at 10.44 so only 1p down from yesterday. Volume yesterday suggested something is brewing in the background. VIn Murrai knows exactly what she is bringing to the table. News from the Mergers people anyday now will blow this away.