CCR Magazine

You are here  :Home arrow News arrow Commercial Credit News arrow Sale of Arum Systems
Contact Us Newsletter Signup RSS Feeds

Sale of Arum Systems PDF Print E-mail
Monday, 06 November 2017
Arum Systems Limited ("Arum") has been acquired in a deal which completed a month after Arum released its annual financials showing a third consecutive year of double digit growth. No significant changes are planned for Arum or its management team.  

Jamie Waller, the lead investor on the deal commented: "Arum has a great reputation in the industry and is known for its expertise, quality of service, transparency and ability to deliver. We plan to expand that good reputation through significant investment in people, processes and services."

Arum Co-founder Andy Pritchard said: "¬ĚThere will be little change in the day-to-day for employees, customers or suppliers as a result of the transaction and former CEO and co-founder, Aleks Tomczyk will remain with the business during the first year to assist in a successful transition. Arum will continue to provide vendor independent specialist expertise."

Experienced incoming CEO Mark Johnston added: "This deal will enable the future success and growth of the business building on the good work that has been done to date by the Arum team, continuing to focus on excellent delivery to clients whilst broadening the range of services and offerings."
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

Commercial Sponsor

This Commercial Credit News section area is currently available for sponsorship.   

Please click here to contact us about our site sponsorship opportunities

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197