PGY Progility

TIDMPGY

RNS Number : 9091A

Progility PLC

30 December 2014

Progility plc

("Progility" or "the Company" or "the Group")

Completion of Acquisition of Unify India

Progility plc (AIM: PGY), the systems integrator and project management services firm, is pleased to announce that, further to its announcement on 19 December 2014, it has today completed the acquisition of Unify Enterprise Communications Private Limited from the Unify Group, the unified communications joint venture between Siemens AG and US private equity firm, The Gores Group.

 
 
  For further information, please contact: 
 
Progility plc 
Wayne Bos, Executive Chairman                         020 7371 4444 
John McIntosh, Finance Director 
www.progility.com 
SPARK Advisory Partners Limited (Nominated Advisor) 
Mark Brady                                            020 3368 3551 
Sean Wyndham-Quin                                     020 3368 3555 
 
W H Ireland Limited (Broker) 
Adrian Hadden/Nicholas Field                          020 7220 1666 
 
Novella 
 Tim Robertson/Ben Heath                                020 3151 7008 
 
 

Group Description

Progility plc, the systems integrator and project management services firm has four divisions: Technology Solutions, Training, Consulting and Recruitment.

Technology Solutions

The technology solutions division comprises Progility Technologies and Starkstrom. Progility Technologies operates a communication systems integration business that designs, implements and maintains solutions for medium and large enterprises with a focus on the rail, port, oil and gas, power, water and healthcare industries in Australia and on the mining industry globally.

The business, which was merged with the Group in October 2013, is headquartered in Melbourne, Australia, and has offices in Sydney, Brisbane, Perth, Latrobe Valley, and Castlemaine.

It has three operating divisions: Communications Australia, which focuses on communications systems integration, designs voice and IP communications solutions for specific customers' operating environments and is a major provider of enterprise based Unify unified communication systems in Australia; CA Bearcom, Australia's largest distributor of two-way radio communications products and services, primarily supplied by Motorola; and Minerals & Energy Technologies, which designs, implements and manages an array of integrated communications solutions for specific mining, oil and gas, rail and port applications.

Starkstrom is a UK based project management services' company specialising in manufacturing and supplying medical infrastructure equipment for operating theatres and intensive care units. Acquired in July 2014, Starkstrom is headquartered in North West London and with a manufacturing and assembly facility in Leicester.

Training

The training division comprises ILX Group, which provides a blend of on-line learning, games and simulations, traditional classroom training, practical workshops and coaching. ILX delivers training in the UK Cabinet Office's best management practice products, primarily in PRINCE2, MSP and ITIL.

Consulting

The consulting division comprises Obrar in the UK and Progility Consulting in Australia. Obrar is a consulting and project management services company, focused on multimedia contact centres, corporate technology infrastructure and associated operational change, with extensive experience in delivering contact centre outsourcing on a global basis. Progility Consulting is an organisational improvement and project management services company, specialising in information technology, service and supply chain improvement and overall project and programme management.

Recruitment

The recruitment division comprises TFPL and Sue Hill Recruitment. TFPL is a recruitment, training and consulting business specialising in the knowledge, information and data management industries, which was acquired in July 2013. TFPL provides executive search, managed services and the placement of permanent, interim and contract personnel into the public and private sectors. Sue Hill Recruitment, which was founded in 1997, is a specialist employment agency to the UK information, market research, insight and analysis sectors and was acquired in November 2013.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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