04 Mar 2016
Momentum Corporate Finance announces the successful completion of its most recent transaction, advising the shareholders of Purple Secure Systems Limited (“Purple”) on its sale to CACI Ltd (“CACI”), for an undisclosed sum.

Founded in 2006 by David Harris and Jez Williams, Purple is an expert provider of high quality agile systems and software for National Security, Defence and Government organisations.

Purple will form part of CACI's IT solutions business which provides systems integration, software applications and consultancy services, from data integration, web reporting and mobile working to telecom support systems, online transactional solutions and case management systems.
We are very pleased to have advised the shareholders on the successful sale of the company. There is an excellent strategic fit between the businesses and we strongly believe that CACI will be a supportive owner for the company and its people going forward.

It was a pleasure working with the team at Purple and we wish them every success in their future development and growth as part of CACI.
Alastair Boorman, partner at Momentum Corporate Finance
We were delighted with the advice we received from the team at Momentum.  The involvement of senior experienced resource at every stage of the transaction made a huge difference. We would not hesitate to recommend Momentum to any business owners considering the sale of their business.
Jez Williams, Chief Operating Officer of Purple
The Purple team is proud to have created a technical consultancy and software delivery organisation that is well-respected in our UK National Security, Defence and Government markets. We are delighted that being part of CACI will accelerate the implementation of the next phase of our strategic vision by enabling us to deliver larger and more diverse projects and programmes. I’m personally very excited to become part of an organisation which understands and supports our management ethos of steady, profitable growth through investment in people
David Harris, Chief Executive of Purple Secure Systems
The acquisition adds significant growth to CACI’s business and contributes to one of our strategic objectives to build a Cybersecurity & Defence business. Purple Secure Systems has strong capability in delivering systems and software engineering skills for some of the most challenging Government and Defence projects. This capability will form the key foundation for building CACI’s Defence and Cyber business.
Greg Bradford, Chief Executive of CACI