The business specialises in the design, configuration and implementation of SAP HANA, SAP’s rapidly growing in-memory platform. The business also offers its proprietary software, Monitiq, to manage and monitor customers’ IT infrastructures.
Centiq is a leading IT services and software provider.
In August 2015 LDC completed an investment to take a significant minority stake in a transaction to support the continued growth Centiq.
Centiq is well-positioned to capitalise on a range of future expansion opportunities, with an emphasis on supporting an increasing rate of SAP HANA implementations whilst driving further growth in its Monitiq offering to a broader customer base.
The deployment of development capital will help accelerate this growth with a focus on investment in its commercial and technical functions, and developing more proprietary IP to enhance its core offering.
This is an exciting time for our business and LDC’s investment brings additional strategic support and financial backing that will help to increase the pace of our ambitious growth plans. We look forward to the future with increased confidence that we can capitalise on the large, expanding market opportunity. Glyn Heath, Chief Executive, Centiq Group