Ventures

In 1999 they founded UbiNetics, a company that became a world leader in 3G test and measurement products. The company supplied many of the world's leading telecoms operators, and semiconductor and handset device manufacturers. In May 2005 the test and measurement division of UbiNetics was sold to Aeroflex for $84.5 million, and in July 2005 PA agreed to sell the other half of the venture – Volume Product Technology – to CSR for $48 million.

Other successful exits have included Meridica, a developer of drug delivery devices and products for the pharmaceutical industry which was founded in May 2001 and sold to Pfizer for $125 million in November 2004, and Cubiks.

IPEX

PA continues to work closely with Ipex Capital on existing ventures in the Ipex portfolio as well as looking at new opportunities together.

www.ipex.com

ProcServe – Delivering procurement transformation

ProcServe provides fast, flexible and secure electronic marketplaces. ProcServe's solutions include vendor-neutral connectivity and transaction capabilities, helping companies to better utilise the software investments that they have in place today, while facilitating new software investments in the future. ProcServe's largest shareholder is PA Consulting Group, which has appointed Ipex Capital to manage its investment on its behalf.

PA Consulting Group established ProcServe in 2006. ProcServe provides electronic solutions and services that enable buyers and suppliers to trade more effectively with each other. Their solutions offer flexible and highly efficient savings to your bottom line and help you gain control of your procurable spent. ProcServe has a wide range of public and commercial customers both in the UK and US. ProcServe's largest shareholder is PA, and we have appointed Ipex Capital to manage our investment on our behalf.

ProcServe solutions are vendor neutral and can be rapidly deployed. All the solutions integrate to your existing IT systems, enabling you to leverage the benefits of your existing infrastructure whilst adding the components that you need to be able to trade more effectively with your suppliers and customers.

ProcServe's flagship service is Zanzibar. Zanzibar is a seven-year contract started in August 2005, which provides the strategic UK’s public sector collaborative procurement solution. 

Zanzibar: 

• provides a single repository of cross government management information

• helps to drive uptake of collaborative strategies and incentivisation through organisation and role specific access to content, providing improved access to suppliers, reducing process time and creating a secure environment to work in

• provides rich real-time management information (to line item detail with consistent classification) to enable Chief Financial Officers (CFOs) and Chief Procurement Officers (CPOs) to track and manage their spend. This will also support in performance management across Departments by facilitating comparisons in prices paid for common commodities within and between departments

• promotes the cross-government collaboration on procurement of common commodities from the collaborative contracts which are made available on the system.

ProcServe also delivers OPEN and xchangewales, which are underpinned by the Zanzibar system on behalf of the UK Public Sector.

ProcServe has offices in London, New York, and Melbourn and Guildford in the UK.

For more on ProcServe's solutions, click here.

"Zanzibar is saving time of our staff members and it's saving us money. It is making our procurement processes slicker and more efficient and it means that we can get real services for our front-line staff to help customers faster and more efficiently. There is no better way of doing things in Government."

DAVID SMITH, COMMERCIAL DIRECTOR, DEPARTMENT FOR WORK AND PENSIONS

To learn how ProcServe can enhance your trading community, please contact us now.