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Newcastle’s Sage acquires ForceManager of Barcelona

Sage Group plc, the Newcastle-based FTSE 100 global software business, has acquired Barcelona-based ForceManager, a “cloud-native, mobile management solution that supports SMB sales processes and significantly…


USSL buys Sage Homes portfolio for £405m

Universities Superannuation Scheme Ltd (USSL) said it has bought 3,000 shared ownership homes from Sage Homes, an entity created by funds managed by Blackstone and…











Sage quarterly revenue up 10% to £540m

Sage Group, the Newcastle-based accounting software giant for SMEs, said its total revenue increased 10% to £540 million in the three months ended December 31,…




Newcastle’s Sage acquires Lockstep of Seattle

Newcastle-based Sage Group announced it agreed to acquire Lockstep, a Seattle, Washington-based provider of “cloud native technology” that automates accounting workflows between companies. Sage provides accounting,…






Sage three-month revenue up 5% to £458m

Sage Group, the Newcastle-based international software giant for SMEs, said on Wednesday its total group revenue increased by 5% to £458 million in the three months…
















Sage chairman Donald Brydon to retire

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, announced on Thursday that Donald Brydon has indicated his intention to retire from his role…





Sage suspends £250m buyback to preserve cash

Newcastle-based software giant Sage Group said on Wednesday afternoon that “in light of the current COVID-19 pandemic” it has suspended its recently announced share buy-back…












Sage Q1 revenue hits £465m as subscriptions boom

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, said on Thursday its group “organic” revenue increased 7.6% to £465 million for the first three months…


Sage to sell US payroll business for £78m

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, said on Wednesday it agreed to sell its US-based business Sage Payroll Solutions (SPR)…



Sage profit up to £398m on £1.8bn revenue

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, said on Wednesday its revenue increased 7.6% to £1.85 billion in the year to September…


Sage appoints Steve Hare as CEO

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, said on Friday it appointed Steve Hare to the role of chief executive officer…



Sage confident of achieving revenue guidance

Newcastle-based software giant Sage Group, the UK’s largest tech company, said on Thursday it remains confident of achieving its full year guidance on “organic” revenue…



Sage shares fall amid revenue warning

Shares of Newcastle-based software giant Sage Group fell more than 9% after it said in a trading update that first half organic revenue growth results “were below…


Sage shares fall after trading update

Shares of Newcastle-based software giant Sage Group fell more than 6% after investors were left underwhelmed with its trading update for the three months to December…




GTCR to buy Sage Payment Solutions for $260m

Newcastle-based software giant Sage Group, the UK’s largest tech company, said it reached an agreement to sell its North American Payments business Sage Payment Solutions…


Sage, Standard Life in pension auto enrolment venture

Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…



Sage agrees to acquire rest of Fairsail

Newcastle-based Sage Group, the UK’s largest tech company, said it agreed to acquire Fairsail, the fast-growing cloud human capital management system for mid-sized businesses. Currently a minority…


Sage shares down 5% after trading update

Shares of Newcastle-based software company Sage Group fell about 5% on Thursday after the firm delivered what some analysts considered a slightly disappointing trading update for the three…