Access Group ('Access'), the UK business solutions provider, has acquired West Yorkshire-based Delta Software, a warehouse management specialist, in a £5.4m deal. The acquisition is Access' fifth since a £50m management buyout, backed by Lyceum Capital in March last year, and is part of its strategy to invest in, and expand its software portfolio to provide a complete suite of integrated business management solutions focussing on key verticals.
Access' acquisition will bring customers visibility of information and increased efficiency across the entire finance, manufacturing and warehouse functions. Delta's integrated warehouse management software (DeltaWMS) meets the needs of warehouse inventory management providing solutions for third party logistics, wholesale, distribution, manufacturing and bonded warehouses. The solution includes unique graphical warehouse mapping allowing real-time stock management, bringing companies closer to their customers.
Delta Software's customer base of over 100 customers, which includes Eddie Stobart, Life Fitness, Maxi-muscle and Kimberley-Clark, will complement over 5000 Access customers, including; Bloomsbury, Lycored, Baker Tilly, Primavera, and Jamie Oliver, across a wide range of sectors.
Access' business software portfolio has a track record of improving its customers' processes throughout the organisation, empowering employees, and putting the business in a position to grow. The DeltaWMS acquisition will further Access' ability to offer customers an integrated and smart business-wide solution that helps to monitor and optimise the performance of supply chain operations.
Delta Software will become a division of Access Group under a new Access Delta brand. Customers currently being served by Delta Software will see their existing close working relationships further strengthened and supported by Access, while the combined pool of sales, marketing, and product development expertise and resources will enable Access to apply greater market focus, and will lead to further product advancements.
The global warehouse management systems market is expected to grow at a CAGR of eight per cent over the next three years, driven by demand from small and medium sized companies, the growth of internet retailing and a shift towards distributed and smaller warehousing.
Chris Bayne, Access CEO, commented: "Acquiring Delta enables us to provide a complete warehouse management solution to our customers that fully integrates with our financial and supply chain management software. This creates a compelling proposition for customers who are looking for single-sourced ERP solutions with warehouse management capabilities, or a solid standalone warehouse management system."
Lance Bennett, co-founder of Delta Software, concluded, "This is a big opportunity for Delta; by joining Access we're able to share product and market knowledge and offer our customers a wider solution portfolio, helping them gain increased efficiencies. We have strengthened our competitive positioning and increased our market reach. It really is the next step in the growth of Delta Software."