Yotta acquires Mayrise
Yotta completes Mayrise Systems acquisition
Yotta has today announced completion of the acquisition of Mayrise Systems. The two companies are combining to strengthen their asset management systems and services business in the UK and overseas. Yotta, which is the highways technology arm of Oxford Metrics Group (OMG), has long been a business partner with complementary software and services for managing highways maintenance.
Mayrise provides software and IT services for managing Local Authority street-based services. The Mayrise suite of desktop and mobile software includes applications for highways maintenance, street lighting, street works, waste management and grounds maintenance. Yotta supplies complementary software for highways condition management (March UKPMS) and highway asset management (Horizons), as well as extensive highways surveying and consultancy services.
The work to integrate the two businesses has begun in earnest and their combined products and services will continue to be offered and supported. By increasing the company’s expertise and resources, the full suite of Mayrise management software and Yotta DCL’s UKPMS and Horizons software will benefit from additional development and support. Yotta DCL’s surveying business and expanding consultancy arm will continue as before.
“Yotta has for many years provided the UK’s Highways Authorities with surveying services and UKPMS software. We have continued to invest in new technology, such as our Tempest vehicles and our Visualised Asset Management software Horizons, while also building a consultancy practice that delivers real expertise and support to our customers,” says Nick Smee, CEO of Yotta.
“The decision to broaden our expertise and product set through the acquisition of Mayrise was an easy one. We have worked alongside Mayrise with our mutual customers for many years and we have come to know them and their capabilities very well. They have over 115 customers in the UK using their software to help manage highways-related services. Their commitment to providing a high quality, transparent service to their customers is a great cultural match to our own,” continues Smee.
Mark Clarke, MD of Mayrise Systems comments; “Yotta has long been our business partner with respect to UKPMS software and more recently we have been helping our customers by integrating the Mayrise software with Horizons. With such well matched businesses, combining expertise and resources makes perfect sense and there are some very exciting developments on the horizon. After partnering with many of our customers for over 20 years it was vital to me that we chose the right company and people to carry those partnerships on, and in Yotta I know we have chosen well”