GB Group Makes Third Acquisition in Four Months

GB Group Makes Third Acquisition in Four Months UK-based checking software company closes GBP 11.2 million acquisition deal with Capscan Parent

A statement came this week from the UK-based identity checking software company GB Group, informing the public of its third acquisition in the past four months, thus justifying the announcements of further expansion.

This time, it has closed a GBP 11.2 million deal for London-based rival, Capscan Parent, which supplies customer registration and address management software and has a growing international presence.

The acquisition funding will be helped by placing of 20 million new GB Group shares with fresh institutional investors, which should result in some GBP 8 million.

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results