News
LDC-backed IEG4 expands capabilities with acquisition of Agile Applications
16 Jul 2024
IEG4, a leading provider of SaaS-based innovative digital solutions for the public sector, has acquired Agile Applications, another highly respected provider of primarily SaaS software solutions to UK local authorities in complementary business functions.
This strategic move, backed by LDC, the private equity investor which is part of Lloyds Banking Group, marks a significant milestone and ensures IEG4 is well-positioned to continue its growth trajectory, leveraging the strengths of both organisations to capture new market opportunities and drive transformative change in the public sector.
This acquisition underscores IEG4’s dedication to investing in solutions that empower public sector organisations to operate more efficiently and effectively.
Agile Applications shares IEG4’s commitment to excellence, innovation, and customer satisfaction. Both companies operate within the same market and utilise similar technologies, ensuring a seamless integration process and the ability to quickly capitalise on new opportunities.
IEG4 is confident that the acquisition of Agile Applications will drive significant growth and innovation. The combined teams will work collaboratively to continue developing cutting-edge SaaS solutions that empower local authorities and healthcare organisations to operate more efficiently and effectively.
IEG4’s customers remain at the heart of everything they do, and they are dedicated to ensuring a smooth transition and maintaining the high levels of service and support that their combined customers have come to expect.
Stephen Ferry, CEO of IEG4, expressed his enthusiasm for the acquisition, stating: “We are thrilled to welcome Agile Applications into the IEG4 Group.
This acquisition represents a significant step forward in our strategy to provide the most advanced and user-friendly digital solutions to our public sector clients. The synergies between our companies will drive innovation and allow us to deliver even greater value to our customers.”
Simon Wilkinson, Chair of IEG4 reinforced this message: “Today marks a significant milestone for IEG4 as we welcome Agile Applications. This acquisition aligns perfectly with our vision to expand our capabilities and deliver even more innovative and comprehensive solutions to our clients.
“Agile Applications’ expertise in custom software development and their vision and expertise with AI-focussed solutions complements our existing offerings and will undoubtedly enhance our ability to meet the evolving needs of the digital landscape. We are excited about the opportunities this acquisition brings and look forward to a future of growth and success together.”
John Clarke, Partner at LDC, added: “It has been a pleasure to support IEG4 on the acquisition of Agile Applications. This strategic move not only strengthens IEG4’s market position but also enhances their capability to deliver innovative and comprehensive solutions to clients. Agile Applications’ expertise in custom software development and AI-driven solutions aligns perfectly with IEG4’s vision for growth and excellence. This acquisition will drive significant value and innovation, benefiting customers and stakeholders alike.”
