DigiPos Solutions appoints new chairman and plans international acquisitions
DigiPos Solutions, the hardware and software provider to the retail sector, has announced the appointment of Fiona Timothy as its new chairman.
The annoucement follows news of Better Capital’s £21 million investment in the business.
Timothy has 25 years experience in the technology industry. She is also CEO of the Calyx Group of Companies, chairman of Cashfac, a software provider to financial services, and chairman of The Technology Leadership Group within the Princes Trust. Prior to her appointment at Calyx she was CEO of COA solutions, a private equity backed business, which she sold in February 2010. Timothy will be working with the management team at DigiPoS to grow the business both organically and through acquisition.
DigiPoS said that Ian Patterson, managing director EMEA, has now been appointed as group CEO. He will responsible for overseeing operations across all territories in Europe, Africa, Asia and North America. Patterson has been with DigiPoS for 12 years and over that period has been instrumental in the growth of the business in the UK and internationally.
Commenting on the news, Ian Patterson said: “We are delighted to welcome Fiona as our new chair; she brings invaluable experience and skill to the Board. She has presided over two businesses of similar size which have experienced strong growth and made a number of successful acquisitions. Fiona’s industry experience spans the hardware and software worlds and this will be invaluable as we develop the DigiPoS business.”
He continued: “Better Capital’s backing represents a significant and positive step, and will enable the business to expand its group activities. We look forward to growing the existing software, hardware and services divisions of the business, and also pursuing a planned international acquisition trail, to provide greater resource and structure across the software and managed services business.”
