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National Business Awards hat-trick for IRIS

12 Sept 2007

 

IRIS has been named as a National Finalist in the ‘Business of the Year’ category of the National Business Awards for the third year in succession.

National Business Awards logo 2007


The National Business Awards programme, sponsored by Orange, is designed to recognise business excellence across all vertical markets and to embrace businesses of all sizes and all ages.

To reach the finals of these highly respected awards is a significant accomplishment for IRIS which is one of the fastest growing companies in the UK. Finalists have to be able to demonstrate exceptional financial returns, strong growth and innovation strategies plus market leadership in their sector.

Over the past 12 months, IRIS has grown dramatically from a “run rate” of just over £30m revenue p.a. to well over £100m p.a. This is the result of market leading organic growth, complementary strategic acquisitions and a £500m Management Buyout and merger backed by Hellman & Friedman (a major U.S private equity firm).

This merger enabled IRIS to combine with Computer Software Group plc in June 2007 and as a result, the enlarged business is the largest privately owned software business in the UK delivering accountancy practice, legal and compliance, not for profit, accounting and business and payroll and HR solutions to in excess of 60,000 UK organisations.

IRIS has market leading positions in its 5 Business Units, all with a very strong vertical and/or niche market focus.

  Market Position
Accountancy Practice Solutions (APS) # 1
Legal and Compliance Solutions (LPS) # 1
Not for profit, Membership and Business Solutions (NFP) # 1
Payroll and HR Solutions (PHS) # 2
Accounting and Business Solutions (ABS) # 2


Martin Leuw, CEO of the enlarged IRIS Software Group said: “This is an exceptionally exciting time for IRIS and we are thrilled to hear that the company has been chosen as a finalist in this highly respected award programme. We hope that the judges will recognise our passion for the business and our commitment to all round excellence in everything we do.”

Winners will be announced at the Awards Ceremony to be held on the 13th November 2007 at the Grosvenor House in London.
 
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