Capita acquires Updata

31 March 2014 Capita acquires Updata Capita plc has acquired IT network services provider Updata Infrastructure (UK)Limited ("Updata") for a cash consideration of £80m on a cash free, debt freebasis. Updata provides a range of networking and connectivity services to mainlypublic sector clients and has a reputation for excellent service combined withan innovative approach to achieving best value for its clients. It is forecasting an operating profit of £5.6m on turnover of £41.8m in itsfinancial year to 30 June 2014. For the 12 months to 31 December 2015, Capitaexpects Updata to generate operating profits of c. £12m on revenues of c. £74m. Capita and Updata have had a strategic alliance in Scotland since October 2011,working together on contracts for local authorities in West Dunbartonshire,North Ayrshire, Fife and East Lothian. The two companies have also recentlystarted working together on a framework contract to deliver the Scottish WideArea Network (SWAN), a single public services network for the use of all publicservice organisations within Scotland. The contract value for SWAN is up to £325m over nine years. More than 4,600sites will be connected to the initial network including schools, hospitals, GPsurgeries, pharmacists and local council offices. Key benefits include reducedcosts, improved service and the ability to share data across organisations,fostering co-operative working. Capita chief executive Andy Parker said: "Updata has a strong reputation acrossthe public sector as a provider of IT networks that help schools, councils andhealth bodies deliver improved services. As part of Capita, Updata willstrengthen our network capability and ensure we continue to meet the needs ofour clients across the UK." Updata employs 160 people at six UK offices with a head office in Reigate. Theacquisition will become part of Capita's IT Services division. For further information: Capita plc Tel: 020 7799 1525 Andy Parker, Chief Executive Officer Shona Nichols, Corporate Communications Director Media enquiries only: Capita press office Simon Coughlin Tel: 020 7654 2192 or 020 7654 2399 (out of hours) Email: [email protected] Note to editors Capita plc is the UK's leading provider of BPO and integrated professionalsupport service solutions. With 64,000 people at over 400 sites, including 73business centres across the UK, Europe, India and South Africa, the Group usesits expertise, infrastructure and scale benefits to transform its clients'services, driving down costs and adding value. Capita is quoted on the LondonStock Exchange (CPI.L), and is a constituent of the FTSE 100 with 2013 revenueof £3.9 billion. Further information on Capita plc can be found at:www.capita.co.uk