Executive Summary
Maxima Holdings plc floated on AIM on 24 November 2004 and acquired Azur Holdings Ltd, an IT professional services group, on the same day. Maxima was established to acquire companies or businesses supplying computer software or services to specialist niche and vertical markets, with the objective of building a focused IT services group. It brings together a management team with skill, experience and incentive to deliver significant shareholder value through a combination of acquisition and organic growth. Maxima's first acquisition, Azur, implements and supports enterprise software solutions for small and mid-sized, UK-based manufacturing, distribution and service organisations. These solutions are built upon leading software suites, such as SAP, as well as products developed in-house by Azur. Azur has over 300 clients, many with multiple sites in the UK and internationally. Ringwood Group plc, Maxima's second acquisition, has a suite of software products that enable any organization to manage the content, publish, distribute and archive any type of documentation. The products employ the latest technologies and can be used over the internet. They are widely used in organizations of all sizes in the private and public sector. The latest acquisition, Hanston Technology Partners Limited, is a fast growing managed services business providing applications support and IT consultancy services to Oracle users. Many of these are in the public sector and include organizations engaged in transportation, central government, telecommunications and pharmaceuticals.
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