Capita plc: Capita to acquire Northgate Managed Services Limited

14 February, 2013 
CAPITA TO ACQUIRE NORTHGATE MANAGED SERVICES LIMITED 
Capita has agreed to acquire Northgate Managed Services Limited (NMS) from 
Northgate Information Solutions for an enterprise value of £65 million. This 
comprises £22 million payable in cash consideration and, in addition, the 
assumption by Capita of a pension deficit of £17m net of tax relief and 
finance leases for equipment used in the business of £26 million.  
Northgate Managed Services provides cloud-based, infrastructure solutions and 
specialist managed services to public, private and third sector businesses. NMS 
made a pro forma operating profit for its financial year to 30 April 2012 of 
£10 million on a turnover of £141.6 million.   
Commenting on the acquisition, Paul Pindar, Chief Executive of Capita plc, 
said: "As the pressure mounts for businesses to gain efficiency, technology has 
a growing role to play. By combining NMS's managed IT services with Capita's 
complementary business process and IT outsourcing capabilities, Capita will 
enhance its offering to clients and enable them to transform the way they do 
business."  
Headquartered in Newtownabbey in Northern Ireland, NMS has approximately 1,000 
employees and a local IT services delivery centre. Completion of the 
transaction is subject to approvals from the necessary parties.  
Separate divisions to NMS are being retained by Northgate Information 
Solutions.   
-ends- 
For further information: 
Capita plc 
Tel: 020 7799 1525 
Paul Pindar, Chief Executive 
Shona Nichols, Corporate Communications Director  
Media enquiries
Capita press office 
Kirsty Sewter
Tel: 0207 654 2386 or 020 7654 2399 (out of hours)  
Notes to editors 
Capita plc is the UK's leading provider of business process management (BPM) 
and integrated professional support 
service solutions. With 46,500 people at more than 350 sites, including 68 
business centres across the UK, Europe 
and India, the Group uses its expertise, infrastructure and scale benefits to 
transform its clients' services, 
driving down costs and adding value. Capita is quoted on the London Stock 
Exchange (CPI.L), and is a constituent 
of the FTSE 100 with 2011 turnover of £2.9 billion and profit before tax of 
£385 million. Further information on 
Capita plc can be found at: www.capita.co.uk. 
END 
-0- Feb/14/2013 07:00 GMT
 
 
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