Authors of inSTREAM Celaton Acquired By AdvancedAdvT
We are pleased to announce that AdvancedAdvT Ltd (“ADVT”), the London Stock Exchange listed company has agreed to acquire Celaton Limited. RNS.
ADVT is led by tech entrepreneur, Vin Murria, one of Celaton's most supportive investors since June 2021. This means Celaton, along with four other companies acquired by ADVT recently (July 2023), becomes part of a larger group.
All Celaton colleagues will remain in their roles when the company transfers to the new owners on completion.
Jim Chase, Celaton's Executive Chairman said, "Celaton naturally aligns with ADVT’s focus of empowering customers by streamlining complexities, automating repetitive tasks, and ultimately enhancing productivity, compliance, and engagement."
The enlarged group will consist of:
Jim Chase added, "This transaction is a great opportunity for our customers and our team alike. We will have access to more investment as well as a larger pool of digital transformation expertise across the wider group."
The group looks forward to accelerating its solutions offering as it continues to gain competitive advantage in the digital transformation space.
Our new registered address will be: Celaton Limited, 11 Buckingham Street, London, WC2N 6DF.
ADVT is led by tech entrepreneur, Vin Murria, one of Celaton's most supportive investors since June 2021. This means Celaton, along with four other companies acquired by ADVT recently (July 2023), becomes part of a larger group.
All Celaton colleagues will remain in their roles when the company transfers to the new owners on completion.
Jim Chase, Celaton's Executive Chairman said, "Celaton naturally aligns with ADVT’s focus of empowering customers by streamlining complexities, automating repetitive tasks, and ultimately enhancing productivity, compliance, and engagement."
The enlarged group will consist of:
- IBSS - providers of Integra Centros financial management software, and services, to 150+ public, health & private sector organisations in the UK and Ireland.
- CHKS - providers of healthcare intelligence compliance and benchmarking software.
- Retain - providers of resource planning and talent management software and service provider.
- WFM - workforce management software with 300+ clients handling complex payroll calculations, time and attendance and access control solutions.
- Celaton - providers of inSTREAM intelligent document processing and specialising in automating mundane and repetitive document-related tasks for a wide range of business areas including; Accounts Payable, Freight, Bill & Audit and Sales Order Processing.
Jim Chase added, "This transaction is a great opportunity for our customers and our team alike. We will have access to more investment as well as a larger pool of digital transformation expertise across the wider group."
The group looks forward to accelerating its solutions offering as it continues to gain competitive advantage in the digital transformation space.
Our new registered address will be: Celaton Limited, 11 Buckingham Street, London, WC2N 6DF.