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PHOENIX , ARIZONA , March, 22 nd 2006 – Market leader Result Group Inc. has secured funding from the Royal Bank of Scotland Strategic Investment Group (RBS SIG) to build up their sales and support operation in North America.
Established in 1994, Result Group is the market leader for rental sales and service software solutions, in the UK & Europe with more than 10,000 users worldwide. The investment is in response to Result’s management strategy to build on the successful launch of their rentalresult package in North America during 2003.
Derek Robson, CEO of Result Group, inc says “The deal provides Result with the investment needed to allow us to capitalize on the success of the company’s Java Enterprise Rental Management Package in North America during the last 2 years.”
Chris Benbow, Investment Director at RBS SIG adds: “I believe this investment will demonstrate the value that can be created where innovative companies have a solid strategy, a strong and ambitious management team and are able to add value within their chosen market. I wish Result every success with their strategy to capture the no 1 position in the rental software market in North America.”
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