Software firm outlines £20m acquisition plans
Ruddington software firm Ideagen is set to raise £20m through a share placing.
The firm said it will use the cash to embark on an acquisition trail.
Ideagen says it has already indentified its targets, which include:
- a competing governance, risk and compliance (GRC) software provider in the UK and US which the Board estimates has a current revenue of £5.3m and EBITDA of £1.7m; and
- two further GRC software as a service (SaaS) acquisition targets, one in aviation and one in environmental health and safety , which each... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...