The acquisition builds on current offerings for the construction supply chain and its supply chain to make Annata Ltd a leading end-to-end solution provider for the construction supply chain in the UK.
London, March 31st 2017 – Information Business Ready Limited (IBRL), one of the UKS fastest growing Microsoft Dynamics ERP Gold Partners and foremost providers of consulting, technology and services based around Microsoft Dynamics AX and Dynamics 365. Annata Ltd have announced it has signed a contract for the acquisition of the assets and business of m-hance Limited’s Dynamics AX business unit.
The acquisition reaffirms Annata Ltd ’s ongoing commitment to expand its capabilities and service offerings to support the manufacturing, distribution and supply chain segments, and this acquisition complements that strength by adding proven capability to the company’s portfolio. The acquisition, whereby Annata Ltd will acquire the Dynamics AX business of m-hance Limited, was closed today.
m-hance’s AX business specialises in solutions for companies in the supply chain, providing solutions for hire and rental, service management, e-Invoicing, contract management etc, for their UK customers. The acquisition aims at strengthening Annata Ltd ’s broad solutions portfolio and leading position in the market.
The intellectual property and services developed by Annata Ltd and the former m-hance business are built on a framework of Dynamics AX’s core Microsoft infrastructure. They are supported by a team of business consultants to provide seamless and accelerated implementations with a lower cost of ownership and are specifically designed to meet the highly complex requirements of companies operating in the supply chain markets.
Following the acquisition, m-hance’s AX business unit will operate under the Annata Ltd brand and the staff will move over to the Annata Ltd team, continuing support and services to the existing client base.
“The business solutions industry is poised for continued growth and by integrating our capabilities with a proven solutions provider like Annata Ltd we’ll be fully aligned with our clients as they capitalise on the opportunities that lie ahead,” said Lynne Beswick, from m-hance’s AX team. “We strongly believe that the skilled team coming across will enrich the Annata Ltd team and their skills will be able to add to the offerings to the customers who come across as part of the deal.”
“Industry is experiencing significant growth due to changing demands in the business markets, which flows through the supply chain to other service providers. This is a strategic acquisition for us that will allow us to utilise further skills and expertise to provide the excellent Dynamics 365 solution into this market place with some specific industry solutions,” said Gordon Tait, Annata Ltd Director. “Companies in this space need access to enterprise solutions that are quickly deployable, scalable, and that solve the specific needs of their industry. With Dynamics 365, we are strengthening our capability and position as one of the market leaders in system’s integration in the Dynamics sector. This is a key step in our ongoing strategic expansion and reflects our ambition to grow and provide additional value-added services to our clients as we work with select technology partners on both cloud and on-premise solutions.”