Goss: AdvancedAdvT Acquires Digital Transformation Leader in £13.5M Deal
Deal News | Jun 02, 2025 | Business Cloud
AdvancedAdvT, an AIM-listed international software solutions provider, has announced the acquisition of Goss Technology Group, a Plymouth-based digital platform provider focused on public sector digital transformation, for £13.5 million. This strategic move aims to enhance AdvancedAdvT's offerings in the public sector by incorporating Goss's innovative low-code solutions and strengthening relationships within local government. With a history dating back to 1999, Goss employs approximately 70 people and reported annual revenue of £5.4 million for the fiscal year ending June 30, 2024. The acquisition not only broadens AdvancedAdvT's reach across the UK and Ireland but also sets the stage for potential cross-selling opportunities within its existing public sector customer base. This deal is part of AdvancedAdvT's broader strategy to invest in quality software businesses, driving long-term value and efficiency for customers and shareholders.
Sectors
- Technology
- Public Sector
Geography
- United Kingdom – Both AdvancedAdvT and Goss are based in the UK, and the acquisition aims to expand reach across the UK and Ireland.
- Ireland – Mentioned as part of the geographic expansion for cross-selling opportunities post-acquisition.
Industry
- Technology – Involves companies that develop or provide technological solutions, products, or services, relevant due to AdvancedAdvT's acquisition of Goss, a company providing digital transformation solutions.
- Public Sector – Relevant due to the focus on digital transformation solutions for public sector organisations, a key aspect of Goss's business targeted by the acquisition.
Financials
- £13.5 million – Purchase price for the acquisition of Goss Technology Group by AdvancedAdvT.
- £5.4 million – Annual revenue of Goss for the year ending June 30, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AdvancedAdvT | Bidding Company/Buyer | Company | An AIM-listed international software solutions provider. |
| Goss Technology Group | Target Company | Company | A Plymouth-based provider of digital transformation platforms for the public sector. |
| Vin Murria OBE | Chairperson | Person | Chairperson of AdvancedAdvT and spokesperson for the acquisition announcement. |