Civica, which provides software and IT to the UK public sector, could be floated or sold by its owner. Private equity group 3i has appointed NM Rothschild to conduct a strategic review of the company.
Civica’s local authority clients include boroughs using its parking enforcement software. Local government accounts for around 50% of the company’s revenues, with the rest derived from clients such as NHS trusts and police forces.
Civica’s roots are in software services group...
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