Ruddington Firm’s £15.8 Million Acquisition

A high-flying software company based in Ruddington Fields Business Park has announced it’s bought yet another software company – this time for an eye-watering £15.8 million! Ideagen Plc, which employs around 400 people and has its Head Office at Ergo House on Mere Way, has this time purchased Bromsgrove-based Redland Business Solutions Ltd. ‘Redland’ is what’s called a RegTech software-as-a-service (SaaS) company. It supplies regulatory and compliance software to the financial services industry. Its leading software platform, ‘Insight’, provides banks, investment managers, asset managers and insurance companies with solutions that underpin the Senior Managers…

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