Serco Group purchases Dublin company CCM Software

Serco Group of the UK has announced that it has completed the acquisition of Irish company CCM Software Services Limited for an initial consideration of £8.6m (€13.4m) with further deferred consideration of up to £4.2m (€6.5m) subject to achieving performance targets.

CCM, formed in 1987 and based in Dublin, specialises in the design and development of scheduling, resource allocation and finance systems for schools. CCM has over 1,700 customers, which includes nearly all secondary schools in Ireland, 700 UK schools and 80 universities.