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Sage Group Consulting history
Sage Group Consulting company history timeline
In 1963 he joined a printing company, Campbell Graphics, and quickly rose to the position of managing director.
The Company was founded by David Goldman together with Paul Muller and Graham Wylie in 1981 in Newcastle, to develop estimating and accounting software for small businesses.
1981: Sage Systems established in Newcastle-upon-Tyne, U.K.
In 1984 the Company launched Sage software, a product for the Amstrad PCW word processor, which used the CP/M operating system.
Sales soon leaped up to 300 copies a month, and driven by Goldman's marketing savvy, had reached about 6,000 copies a month by the beginning of 1986.
He had joined Sage a decade earlier and took the post of finance director in 1987, overseeing the flotation two years later.
The Company was first listed on theLondon Stock Exchange in 1989.
By 1989 the company employed 50 people, annual turnover had risen to £9 million and profits were £2 million.
In 1993 the company recorded an operating profit in the U.K. of £5 million, up 18 percent on the previous year.
In 1994 Paul Walker was appointed Chief Executive.
1994: Multisoft (UK), Timeslips (USA), and Saari (France) are acquired.
Sage took a short break from acquisitions in 1996, then continued the next year by snapping up KHK, Germany's largest single vendor of PC accounting software, and Carpe Diem in the United States.
He had seen The Sage Group adopted as the company's global brand, and profits rise to £37.6 million, up 25 percent from 1996, from a turnover of £152.1 million.
1997: KHK (Germany) and Prosoft (USA) are acquired.
1997: Joint founder David Goldman retires and Michael Jackson becomes chairman.
In 1998 Sage’s Professional Accountants Division was established.
State of the Art in the United States was renamed Sage Software Inc. in 1998.
In May 1999 Sage announced the Internet strategy that was to become a core element of its business operations.
In 1999 Sage entered FTSE 100 and launched a dedicated Irish division, based in Dublin as well as its e-business strategy.
The purchase in late 1999 of Infologia gave Sage a presence in Portugal.
Chairman Michael Jackson declared in the 1999 annual company report: "Our ambition is to become a leading marketer of on-line products and services to the small to medium-sized business community."
In 2000 Sage shares were named ‘best performing share of the 90s’ in the UK business press.
Sage took a hold in Switzerland in 2000 with the purchase of Sesam, the country's leading supplier of accounting software.
In the spring of 2000, the high-tech industry, particularly in the United States where much of the group's expansion had been focused, was hit by a sudden downturn, with many e-commerce companies going out of business and stock prices sinking.
Early in 2001, a small British firm, TAS Software, was snapped up.
In 2003 at age 43 Graham Wylie retired with 108.5 million shares in Sage worth £146m.
The Sage Group was founded as Sage Consulting Associates in 2003 by Cara France & her business partner.
On 19 April 2010, Sage announced that its CEO, Paul Walker, had indicated an interest in stepping down from his position, which he had held for 16 years.
On 1 October 2010 Guy Berruyer became CEO of Sage Group; Berruyer had previously been CEO of Sage’s Mainland Europe & Asia operations.
Cara received special congressional recognition from Nancy Pelosi when awarded Woman Entrepreneur of the Year in 2011 by the Women’s Initiative.
In September 2012, through its subsidiary Folhamatic Tecnologia em Sistemas S.A. (Folhamatic), it acquired EBS Empresa Brasileira de Sistemas Ltda.”
On February 15, 2013, Sage announced that Accel-KKR intended to buy Sage Nonprofit Solutions, the division of Sage that produces software designed for nonprofit organizations and governmental agencies.”
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Sage Group Consulting competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| RBA | 2006 | $84.0M | 300 | - |
| ProSoft Technology Group | 1995 | $46.5M | 275 | - |
| VLink | 2006 | $67.0M | 62 | 13 |
| core3 | 2009 | $3.5M | 125 | - |
| Vision Consulting | 1997 | $620,000 | 50 | - |
| BT Consulting & Systems Integration | 1957 | - | 800 | - |
| Taylor & White, Inc. | - | $3.5M | 52 | - |
| Capstone IT | 1999 | $5.7M | 99 | 7 |
| Ferguson Consulting | 1993 | $17.5M | 7 | - |
| Contax | - | $1.8M | 5 | - |
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Sage Group Consulting may also be known as or be related to Sage Group Consulting and Sage Group Consulting Inc.