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Kerridge Commercial Systems (KCS) and its K8 software is a market leader in the provision of trading and financial software systems. Areas of particular expertise include building materials, specialist distribution, wholesale and retail.
Specialises in the provision of fully integrated Enterprise Resource Planning (ERP) software.
To take advantage of domestic market demand and expand international presence.
The company has built up a reputation as the leading specialist offering high levels of functional understanding and product fit with quicker, cheaper and less risky systems implementation.
Ian Bendelow, CEO, joined KCS in 1993 and worked his way up to become Managing Director in 2005.
In 2010, Ian decided to take the business to the next level through a management buy-out with £9m of investment from NVM (alongside debt facilities from HSBC). KCS was a division of a US multinational and the deal involved a complex separation exercise both before and after completion. Since the buy-out, KCS has acquired two complementary businesses, Strategix and Datawright. These acquisitions will strengthen KCS’s Enterprise Resource Planning (ERP) and Material Requirements Planning (MRP) solutions and services for the distributive and manufacturing sectors.
At the time of the management buy-out, Ken Briddon was appointed to the board to further support the growth strategies of KCS. Ken has a wealth of experience both in the software and the private equity sectors.
Ian and the team’s outlook has always been long-term – investing in the people and infrastructure to position KCS for continued growth and increased market share. Its products are highly innovative and intuitive, ensuring a solid and loyal customer base.
In 2015, KCS partnered with Accel-KKR to support the existing management team and their continuing strategy. The investment by Accel-KKR will enable the business to expand on the growth it has already achieved from existing and new customers; and enter into new vertical markets and geographies.
Ian Bendelow, CEO of Kerridge Commercial Systems