Calyx software acquisition strategy to live on at m-hance


Calyx software acquisition strategy to live on at m-hance

Alex Scroxton

Mark Thompson, CEO at m-hance, a new software firm formed last week from the integration of seven businesses, has said the firm will look to continue its predecessor Calyx Software's acquisition strategy, as revealed in June.

The new firm, which is still backed by VC outfit Better Capital, is looking to build scale in the SME marketplace, according to Thompson, and sees the merger as a key step along this path; it now claims to have around 1,000 customers in the UK.

"Better Capital are obviously backing the acquisitions we've done," Thompson told MicroScope, " and we will look to do more to better serve these customers and increase our own intellectual property (IP)."

To accomplish this goal, m-hance will be looking out for both Microsoft Dynamics Great Plains (GP) resellers to bring into its fold. Microsoft's accountancy package will in future form the backbone of m-hance's offering, said Thompson.

However, he added, the firm is also keen to pick up ISVs with vertical-centric IP of their own to build front-end, vertically-targeted solutions for industries such as education, non-profit, financial services and manufacturing.

"Straight away you can connect other things to it [GP]. Having a single platform makes it easy, and Microsoft has made a serious investment in it," he explained.

"Probably one of the key planks of our business is that the technology is relatively simple and we aim to keep it that way," Thompson added.

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