HMT acted as reporting accountants for the acquisition of FAST Limited by Computer Services Group plc.
FAST was founded in 2001 when the commercial activities of the Federation against Software Theft (the “Federation”) were separated from its primary activity of protecting software copyright. The Federation is a non-profit making organisation with the aim of protecting software copyright. FAST offers educational services to corporate consumers regarding software and IT management aimed primarily at ensuring compliance with software licences.
CSG is an ICT group focusing on Integrated Technology Solutions. CSG has grown in recent years organically and partly through acquisition of complimentary service lines within the ICT industry.
Andrew Thomson commented:
“The acquisition of FAST is a continuation of CSG’s growth strategy, complementing its existing group businesses, whilst giving it access to a larger customer base with which to develop its current service offerings”.