The Sage Group plc (”Sage”), a leading global supplier of business management software and services, announces the acquisition of Hallco 1390 Ltd (”Hallco”) from its shareholders for an enterprise value of £21 million, paid in cash. Hallco’s revenues for the half year to December 2007 were £4.5m, based on unaudited management accounts.

Hallco 1390 Ltd trades under the name of Tekton Group Ltd (”Tekton”) and provides specialist construction software, implementation and support services to more than 230 companies throughout the UK & Ireland. With high levels of localised legislation and compliance in the construction industry, companies require specific local knowledge and expertise from their software suppliers, which companies such as Sage and Tekton are able to provide.

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