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XKO Group

XKO Group is to sell its software and services division to a new company called UK Software Holdings for up to £15m, in order to focus on the revenue assurance sector.

XKO Group is to acquire Powerdebt, the Birmingham-based revenue assurance and debt management company.

XKO is to acquire UBM, the provider of billing validation and debt management services with 45 staff, for up to £47m.

XKO has sold its managed services operation to 2e2, the IT services group, for £13m, as part of a strategy to focus on software.

XKO has acquired the SMB business management software operations of Enterprise Software Systems for £0.3m.

XKO has acquired a computer disaster recovery business from Datacentre of the Isle of Man for £1.7m.

XKO has acquired Control, the ERP software company with 40 staff and offices in Deeside and Birmingham, for £1.2m.

XKO Group has acquired Aran, the enterprise business software company with offices in York, Birmingham and Burnham, for £2.4m.