GB Group collects postcode validation firm in £74m deal
Chester-based identity data intelligence specialist GB Group is to acquire PCA Predict, a provider of UK and International address validation and data quality services, for £73.8m.
Headquartered in Worcester, PCA Predict provides UK and international address validation and data quality services. It employs 50 staff, including satellite offices in the US and Germany.
The company plans to fund the deal through a share placing, which it says will raise up to £58m.
The deal will create a £101m-turnover group, with PCA’s unau... 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...
