Open GI deal "marriage made in heaven", says Transactor CEO Ray Vincent

Transactor chief executive officer Ray Vincent has hailed Open GI’s purchase of the software house as a “marriage made in heaven”.

The deal, valued at £40m, will see Vincent leaving his CEO role to take up a non-executive director post at Open GI once the takeover has been approved by the Competition and Markets Authority (CMA).

“It’s the right time to get this software into a bigger home, because there’s so much demand for it and the order book is absolutely bursting at the moment,” Vincent