Leading UK procurement software provider and Welsh SME, Atamis Ltd, has become part of Banyan Software, Inc., a company focused on acquiring, building and growing great enterprise software businesses.
Based in South Gate House, Cardiff, Atamis was established in 2009 and since then has achieved consistent annual growth of above 30% per annum while providing government and private sector customers across the UK and Ireland with the tools to scrutinise, plan, source and manage their procurement spend. Its full suite of software modules empowers users to analyse and understand strategic spend, plan a procurement pipeline, complete e-tenders efficiently, manage contracts and monitor the risk and performance of key suppliers. Atamis represents Banyan’s first UK/ Europe based acquisition.
Covering large swathes of the UK public sector, Atamis’s client base includes central government departments such as the Department of Health & Social Care, the Home Office and the Department for Digital, Culture, Media and Sport, local authorities across England and the majority of the public sector in Wales through its position on the National Procurement Service framework. Private sector clients include the Admiral Group, Principality Building Society and British Business Bank.
“Atamis has built a robust product that is specifically designed to meet the full procurement lifecycle needs of its customers,” says David Berkal, CEO, Banyan Software. “While the ownership may have changed, Atamis will continue to provide the best-in-class service that clients are accustomed to and we look forward to continuing to invest in the business.”
The immediate impact of this news sees Atamis accelerating its recruitment programme with a view to expand its delivery team in the coming months. This job creation exercise will add a number of skilled professionals to the existing Atamis team, in a variety of roles covering project management, account management, implementation and support.
“In selecting a buyer, it was important to me to know that the future of Atamis and the team was secured”, says Nick James, Founder of Atamis. “Rather than accept an offer from the type of investor only interested in short term profit, I wanted the confidence of knowing I would be entrusting the future of the company into a safe and nurturing environment.
“We are excited to partner with Banyan to continue building our legacy and supporting our customers. As we look towards the future, we know that Banyan shares our vision of continuing to grow the product within the UK and beyond, creating fulfilling career paths for our people in the process.”