So govt spending being cut, local authorities cutting staff but their profits are up.
Omers Private Equity has coughed up £390m for public-sector services and software supplier Civica. A metaphorical "for sale" sign was erected outside the integrator by former owner 3i last autumn, but it was unclear if it would end up in the hands of a rival, another venture capitalist or the bosses in a management buyout. …
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