£100m reverse takeover for Proactis
Wetherby-based Proactis, a spend management solution provider, has made the major, £102.4m acquisition of Perfect Commerce.
The deal, which constitutes a reverse takeover under the AIM rules and is subject to shareholder approval), will accelerate Proactis' growth strategy and its geographic footprint.
Hampton Wall Jr, currently president and chief executive officer of Perfect Commerce, has been hired as chief executive officer of Proactis. Wall will replace Rod Jones as chief executive officer, who retired from the board yes... 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...
