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J4b bought by Idox plc

J4b Software and Publishing Limited, the company that publishes a range of funding information databases for businesses, local authorities and charities/voluntary organisations has been bought by Idox PLC, an AIM-listed company that is a supplier of software solutions and services principally to the UK public sector.

Idox paid £800,000 in cash. J4b had revenues of £2 million for the year ended 31 December 2008, an operating profit of £300,000 and net assets of £200,000 at 31 March 2009.

Jeremy Philips, Managing Director of J4b, will join the executive team of Idox, bringing his experience in electronic content management, database design and publishing.

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J4b, whose main operations are in the UK and the Netherlands, publishes the following funding databases:

www.j4bgrants.co.uk

www.greengrantsmachine.co.uk

www.j4bcommunity.co.uk

www.studentcashpoint.co.uk

www.j4bgrants.ie

www.vindsubsidies.nl


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