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December 2018 edition

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The Assignment Report Events

Making a difference - Maximising learning outcomes and improving workflow in schools

14 February 2019, 13.45 to 17.45, Ironmonger's Hall, London

Confirmed panellists include: Steve Burnett, Managing Director, RM Education; Andrea Carr, Founder of Rising Stars; Paul Charman, Managing Director, FFT Education; Richard Marett, CEO, Whizz Education; Amanda Peck, Executive Director Marketing, Professional Group, McGraw-Hill Education; Josh Perry, Director, Assembly; Ian Rowe, Business Development Director, GCSEPod; and, Dan Sandhu, CEO, Sparx.

Paul Howells (CEO, Eteach Group), Julian Drinkall (CEO, AET) and Rupert Barclay (Managing Partner, Cairneagle)

Westcoast Holdings to combine Viglen with XMA following acquisition

publication date: Feb 2, 2014
Westcoast Holdings, the privately owned distributor of IT products, has acquired Viglen Technology Limited from Alan Sugar’s Amshold Group. The financial terms of the transaction have not been disclosed.

Westcoast plans to combine Viglen with its own XMA business to form a new £200m plus revenue reseller company serving the education, health and government sectors. Bordan Tkachuk, CEO of Viglen, has taken on a new role as chairman of both companies, with XMA chief Lee Hemani becoming MD. XMA delivered an operating profit of £2.6m for the year ended 31 December 2012, on revenue up 5.1% to £122.0m. Viglen’s margins for the year ended 30 September 2013 were double those of XMA, with the company delivering an operating profit of £2.7m on revenue of £66.2m. The low margins reflect an extremely competitive market place. In October 2013, RM announced it was exiting the PC market following a review of the company’s Education Technology business unit.

Headquartered in Reading, Wescoast is one of the UK’s leading IT suppliers and one of the UK’s top 100 largest privately owned companies. For the year ended 31 December 2012, Westcoast delivered an operating profit of £9.1m on total revenue of £1,047m.

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