We are pleased to announce that Horizon Capital-backed Agilico has acquired Invu, a document management software provider, in what continues to be a fast-growth buy and build strategy under CEO, Simon Davey. This latest acquisition adds a further £3m of high quality revenues and significantly increases the development capabilities within the group.
Founded in 1997, INVU’s product suite spans: invoice processing, document management, workflow, purchase order automation and collaboration software. This exciting acquisition complements Agilico’s proven expertise in document management and adds valuable and important capabilities to the portfolio. INVU also represents a highly-extensible digital foundation through which Agilico can build and integrate new solutions.
”We are delighted to be expanding our portfolio of proprietary products to help make work easy for our customers who will inevitably turn to technology in the face of a challenging labour market in an expanding economy.
Simon DaveyAgilico, CEO
”We are delighted to have supported Agilico on their 9th acquisition as they continue their journey to consolidate the fragmented workplace technology market. Invu has performed robustly through the pandemic demonstrating its importance to customers. This is a great example of the ability of Agilico to ensure their customers across the UK have access to these great products.
Luke KingstonHorizon Capital, Partner
