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March 2019: Scientific & Chemical Supplies Celebrates 25 Years of Working in Partnership with CPiO

September 2017: Rcapital supports MBO

Scientific & Chemical Supplies Celebrates 25 Years of Working in Partnership with CPiO

In 1994 Scientific & Chemical Supplies began its successful partnership with CPiO Limited. In 1994 the company purchased hardware from CPiO quickly followed by its financial software, Chameleon 2000 in the year 1996.

CPiO has worked in partnership ever since, supporting Scientific & Chemical’s software and hardware helping the business through various upgrades to its current Sage ERP and ecommerce solutions. CPiO staff joined several of Scientific & Chemical’s long-serving employees to celebrate the 25 year anniversary in successful partnership

Speaking at the event, Philip Palser, Chief Technology Officer at Scientific & Chemical said: “Over these 25 years working with CPiO the business has completed six major ERP and CRM projects plus over twenty other projects and I’m pleased to say all projects went live on time and to budget.“

He continued: “But technology isn’t just about computers, hardware and software. It’s about people. It’s about encouraging people to look at new processes and new ways of working and challenging themselves. It’s about working with people to reduce the risk of failure. At CPiO it’s true to say that it is people who make IT work. There are many, many Sage partners across the UK, yet we have maintained our relationship with CPiO. This is testament to the knowledge, proficiency and sincerity of everyone at CPiO. From our Account Manager to the Project Managers and support staff, it is always a pleasure to deal with CPiO.“

Andrew Watkinson, Managing Director, Leyla Blakeman, Customer Service Director, and Beverly Bottomley, Account Manager at CPiO joined the celebration.

Toasting the occasion, Andrew echoed Philip’s words, saying: “Although we have supported Scientific & Chemical’s IT systems for a quarter of a century, it has become more than just the support of technology. We strive to understand the business and its needs and work together as a team to deliver a seamless service that enables Scientific & Chemical to focus on the running of their day to day business. We are trusted partners and their success really matters to us.“

Leyla concluded by adding: “I signed the original contract with Philip and alongside the business appointments and communications I have developed a genuine friendship; it has been a pleasure working with Philip and all of the staff at Scientific & Chemical over the past 25 years. Here’s to many more years of success for both of our businesses and an ongoing partnership.“

Most recently CPiO has supported Scientific & Chemical Supplies in reaching mandatory compliance for HMRC’s Making Tax Digital (MTD) programme. Speaking of this upgrade Philip explained: “The new directive from HMRC stipulates we must submit our VAT digitally. In order to achieve this we need MTD compliant ERP software. The version of Sage we were running was not compliant and so CPiO assisted us in upgrading to the compatible service pack. As ever the process was well managed without disruption to business.“

September 2017: Rcapital backs MBO of Scientific and Chemical Supplies Ltd.

Scientific and Chemical Supplies Ltd (SciChem) is pleased to announce the recent completion of a management buyout (MBO). Supported by Rcapital, the deal provides working capital facilities to enable the business to accelerate its rapid growth and consolidate its market position.

Rcapital is an award-winning private equity firm providing private investment, commercial expertise and hands-on support to transform and grow businesses. Since its inception in 2004, Rcapital has made over 50 investments across the UK and Europe.

Paul Gill, CEO, commented: "Having had the opportunity to acquire the business from the family owners, we looked for a partner who could support us in a short timetable to ensure we can capitalise on the immediate growth prospects. Rcapital quickly saw the opportunity to invest in and transform the business over the next few years, and delivered on their offer to support the MBO within two weeks. I am looking forward to working with Rcapital and the appointed non-executive directors to create further value in the business."

Chris Campbell, director at Rcapital, said: "We are pleased to have backed the MBO of SciChem, led by Paul and his team. Having been introduced to the opportunity only ten days ago, this is another example of Rcapital moving quickly to back a historically successful business and deliver a deal that works for all stakeholders. We are now looking forward to working with management to grow the business and take advantage of a strong pipeline of opportunities."

Raj Mittal, partner at FRP Advisory, the business advisory firm, said: "We are delighted to have advised on this transaction. The new investment and expertise being provided by Rcapital will enable SciChem to move forward to a new chapter in its development. This is a great result for investment into Wolverhampton and the wider West Midlands economy."

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