Outsourcing firm The Capita Group has acquired Ramesys, a provider of integrated ICT solutions to the education and commercial sector, from Lloyds Bank for £15m.

Ramesys specialises in the design, delivery and management of technology for schools through the Building Schools for Future (BSF) initiative and is lead ICT provider on seven BSF contracts: Nottingham, Manchester, Waltham Forest, Westminster, Tower Hamlets, Greenwich and Tameside. Ramesys is also a sub-contracted ICT provider on three other BSF contracts in Liverpool, Rochdale and Derbyshire.

Paul Pindar, chief executive of the Capita Group, says: “Both Ramesys’ existing client base and the nature of its business provides powerful synergies with our existing ICT and software services businesses.

“This acquisition will allow us not only to broaden and deepen our own expertise in the education technology market but will allow us to compete for larger and more complex education IT projects.”