Rolfe & Nolan is gearing up for another foray into the front-end software space, having posted record operating profit of $3m one year on from a management buyout backed by private equity firm Hg Capital.
The profit was more than double the previous year's £1.2m. Turnover remained flat at £22m, with costs lowered by a redundancy programme following the buyout.
The firm is preparing to launch a new trading front end, branded Edge, on 15 June. R&N ceo Bob Freeman said the product, to be delivered as an ASP service and aimed at...