Recent Deal

Sanderson Acquires RBS

Sanderson has acquired Retail Business Solutions Group Limited (RBS) in a £14m deal.

Based in Milton Keynes, RBS was formed in 1988 and is a provider of solutions to the retail sector. The company markets and supports solutions that provide front and back office electronic point-of-sale systems, including the highly successful Retail-J software together with a full range of IT services. RBS employs 74 people and has approximately 200 customers throughout the UK and Ireland, including Blacks Leisure, Harrods and French Connections.

The acquisition of RBS significantly enhances Sanderson’s market position and the multi-channel retail customer base will increase to over 500 clients. The enlarged Sanderson product and services portfolio will provide opportunities for cross-selling, and the managed service capability within RBS provides an opportunity to further develop the Group. The success of RBS in gaining new clients, with recent additions including Slater Menswear and Wyevale Garden Centres, is expected to add further momentum.

“We are delighted to welcome Richard Goodall and his team into the Sanderson Group.” commented Christopher Winn, Executive Chairman of Sanderson, “We have made good progress in this active sector and the acquisition of RBS will expand our product portfolio, increase our customer base and provide trading synergies within the Group. We are confident that RBS will make a significant contribution to Sanderson in the future, providing new revenue streams and greater market opportunities.”

Pinsent Masons acted for Sanderson on the acquisition of RBS. The Pinsent Masons team was led by Corporate partner Andrew Hornigold with assistance from Nicole Livesey and Jennifer Taylor.

Marriott Harrison was the advisor to the vendor.