Kirona Solutions secures investment from LDC

Kirona logo

Clearwater Advisor

Press Release

Cheshire mobile application software developer Kirona Group (“Kirona”) is set to continue its growth strategy in the fast expanding field force automation (“FFA”) market after securing a significant investment from leading mid-market private equity firm LDC.

The business, which is based in Alderley Edge, was established in 2003 by former Oracle executives David Murray and Neil Harvey, and develops FFA solutions for a wide range of industries across the public and private sectors. It employs 33 people, including 20 software developers. The firm’s software solutions maximise productivity and improve service levels by connecting clients, the office and field in near real time. Easily integrated with all back-office systems and compatible with all mobile operating systems, including Android, RIM, IOS and Windows, and all hardware devices, its market leading FFA technology offers a high ROI solution based on achieving significant proven operating efficiencies across the mobile work force.

Kirona also offers a mobile cloud platform that enables customers to store and access data securely off premise. By hosting this software online rather than through a network, the cloud technology significantly reduces upfront costs whilst adding full scalability benefits. The business offers its technology through leading resellers and distributors, including BT, Vodafone, IDOX PLC and Northgate Information Solutions, in addition to its own direct sales operation.

With LDC’s support, the company will up-scale its growth strategy, leveraging its existing industry references to target under penetrated verticals in the SME space. Whilst UK focussed, the business has more recently won clients in Europe and as far afield as New Zealand,and Canada. Kirona’s solutions are available in multiple languages and scale both technically and commercially to cater for workforces from only five field staff up to 2,500+.

“Since inception, we have developed a fast evolving, wholly owned, market-leading technology, which has driven significant efficiencies in both the public and private sectors, and allowed us to develop deep relationships with leading global reseller partners.

David Murray, Managing Director, Kirona Group

“You only need to read our recent Mobile Computing Report to understand why field force automation is such a hot area. Kirona has a very relevant product in the cloud or on premise. This plus a talented management team helped us to deliver 5 great offers from 6 investors we spoke to. LDC tabled exactly what management needed and I cannot remember a PE transaction than ran as smoothly. We are looking forward to helping Kirona through its buy and build phase now that it has real financial muscle behind it.”

Carl Houghton, Partner, Clearwater International