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MRI Software to Acquire Capita One 

MRI Software to Acquire Capita One 
09 July 2024
 

MRI Software has announced its plans to acquire the UK public sector software solutions provider Capita One.

Capita One, a subsidiary of Capita plc, operates across Europe but is known for providing software services to UK local authorities, local education authorities, housing associations and schools.

MRI hopes that the deal will increase its capacity to offer technology innovation for local authorities and local education providers. Capita One’s public sector service solutions include platforms that allow local authorities to calculate and collect council tax and business rates and administer benefits.

The acquisition has been unanimously approved by the boards of MRI and Capita and is expected to close by the end of August 2024.

“The acquisition of Capita One significantly enhances our ability to serve the UK public sector with flexible solutions that meet its evolving needs,” said Patrick Ghilani, Chief Executive Officer of MRI Software.

“MRI’s AI-first approach and platform are designed to empower clients to break down information siloes, unify data across systems and deliver the best outcomes for their communities. Today’s announcement ushers in new possibilities for the industry, and our teams are excited about what’s ahead.”

Jon Peart, Managing Director, Capita One added: “This acquisition will give Capita One’s clients access to a wider range of complementary technology to address the complexities of a highly regulated sector, while clients who use our other products will benefit from our new scale and pace of innovation in the future. The combined expertise of MRI and Capita One will build a bright future for the industry.”

Picture: a handshake graphic overlayed with a data visualisation. Image credit: Pixabay

Article written by Ella Tansley | Published 09 July 2024

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