Profile

Dynamic Change was formed in March 2000 to develop a web-based performance management software tool.  Performance Accelerator is an online integrated corporate governance solution that allows organisations to manage and monitor their business objectives, risks, performance indicators, compliance reporting, financial targets and regulatory obligations.  Dynamic Change is the market leader in its chosen market; the NHS.

The Company was originally backed by an investment from the HSBC fund in 2002, at a time when it had just two customers, with a follow-on investment by the Advantage Growth Fund in August 2003.  Having grown the business to having 121 customers and being highly profitable an exit was achieved in May 2010 through a trade sale to AIM-listed Allocate Software for £9m.  Midven achieved an 8 times return on its investment from the Advantage Growth Fund which could grow to 14 following receipt of deferred consideration.