Deals

Salford tech firm Invosys has been snapped up by US company Dura Software in a reported eight-figure deal.

Dura is described as a leading acquirer and home for niche software businesses.

Invosys, founded in 2006, provides telecom technology services around the world including connectivity and cloud solutions, intelligent call management and routing for contact centres.

In 2020 it acquired Greater Manchester installation and maintenance services company Atrium Telecom.

Invosys founder Peter Crooks (pictured) will remain with the business.

“This is a fantastic opportunity for Invosys to continue our innovative work with the backing of a larger group,” said Jane Anderson, incoming CEO of Invosys. 

“We are eager for the resources and expertise that Dura Software will afford our company, as it will enable us to accelerate our growth and enhance our product offerings to customers.” 

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Dura Software CEO Paul Salisbury added: “Invosys is Dura’s 17th acquisition and deepens our focus and commitment to the UK market and the telecom services segment.

“Their outstanding track record for developing a strong suite of solutions and exceptional customer service make them a valuable addition to our portfolio. We look forward to continuing to grow the business with the excellent team we have in place.”

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