Mentec, the Irish-owned Microsoft Great Plains reseller, has bought a London-based accountancy software dealer, its second UK acquisition in recent months.
Terms for the acquisition of Xdat Software Ltd were undisclosed, but the sum paid is thought to be around £750,000, according to ElectricNews.Net.
Xdat is Microsoft's third biggest UK partner for Microsoft Great Plains, with 12 staff servicing around 100 customers in the south of England. It will trade as Sytation Ltd, the name of a Midlands-based Great Plains reseller which Mentec picked up last December. Work on integrating the two firms will begin immediately. Mentec says it is Europe's second biggest Great Plains reseller.
Press release here. ®