Surecomp has completed the acquisition of Highams Business Solutions Ltd, which is based in Caterham in the UK. Highams Business Solutions was a fully-owned subsidiary of the Highams Systems Services Group, a publicly traded UK company.
Highams Business Solutions specialises in factoring software solutions and develops and markets an internationally acclaimed factoring solution called Hi-Finance. The company will be renamed Surecomp Business Solutions Limited.
The acquisition is part of Surecomp’s stated goal of investment in and acquisition of innovative companies in the wholesale banking arena.
Surecomp acquisitions in the past include:
The IMMS treasury product from Hogan (currently CSC)
Perfect Match confirmation matching system from Genesis
Powerdealer from mpct Solutions
Investment in Brady Ltd, of Cambridge, UK, a software company specialising in risk management and precious metals trading solutions.
Bryan Martin, Surecomp vice-president, who has been involved with Hi-Finance since its inception, will manage the Hi-Finance team. Hi-Finance is installed at over 15 locations.
The team and Hi-Finance operations will remain in Caterham.
Surecomp is a developer of software solutions for the wholesale banking community with a global network of offices on all major continents. The firm has over 200 installations in 60 countries. Visit www.surecomp.com