May 2010

Acquisition of Abacus EW Consultancy Ltd

Mass Consultants Ltd (MASS), a Cohort plc company, today announces that it has acquired the entire share capital of Abacus EW Consultancy Limited. The acquisition is funded from MASS’s internal resources and is expected to be earnings enhancing in the current year, before amortisation of acquired intangible assets.

Abacus EW
Based in Wellingore near Lincoln, Abacus provides consultancy services and training in communications and radar electronic warfare (EW) to UK and overseas customers, primarily in the land and maritime environments. The training offered is operationally-focused and uses state-of-the-art simulation tools. The company has also recently launched an innovative EW training & planning software tool.

Acquisition Rationale
Abacus will be integrated within MASS’s Electronic Warfare Operational Support Division, which is also based in Lincoln. Paul Burrows, founder of Abacus, will remain with MASS to continue to drive business development in this area. Benefits of the acquisition include:

Commenting on the acquisition, Ashley Lane, Managing Director said:

"MASS and Abacus EW are market leaders in their respective fields, and this exciting complementary fit extends the value we can offer to worldwide customers in independent EW Operational Support across the air, sea and land domains".

Visit the Abacus EW website