Leading UK procurement software provider and Welsh SME, Atamis Ltd, is now part of Banyan Software, Inc., a company focused on acquiring, building and growing large enterprise software companies.
Based in South Gate House, Cardiff, Atamis was established in 2009 and has since achieved consistent annual growth of over 30% per annum while providing public and private sector clients in the UK and Ireland with the tools to review, plan, source and manage their procurement spend. Its comprehensive suite of software modules enables users to analyze and understand strategic spend, plan a procurement pipeline, respond effectively to electronic tenders, manage contracts, and monitor risk and performance of main suppliers. Atamis represents Banyan’s first acquisition based in the UK and Europe.
Covering large swaths of the UK public sector, Atamis’ customer base includes central government departments such as the Department of Health and Social Care, the Home Office and the Department of Digital, Culture, Media and Sports, 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, the Principality Building Society and the British Business Bank.
“Atamis has built a robust product specifically designed to meet the needs of its customers for the full supply lifecycle,” says David Berkal, CEO of Banyan Software. “Although ownership has changed, Atamis will continue to provide the best service customers have come to expect and we look forward to continuing to invest in the business.”
The immediate impact of this news sees Atamis accelerating its recruitment program with a view to expanding 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 spanning project management, account management, implementation and support.
“In selecting a buyer, it was important for me to know that the future of Atamis and the team was assured”, says Nick James, founder of Atamis. “Rather than accepting an offer from the type of investor only interested in short-term profit, I wanted the confidence of knowing that I would entrust the future of the business to a safe and nurturing environment.
“We are thrilled to partner with Banyan to continue building our legacy and supporting our customers. As we look to the future, we know that Banyan shares our vision to continue to grow the product in the UK and beyond, creating fulfilling career paths for our employees.