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AdvancedAdvT Ltd. ( (GB:ADVT) ) has provided an announcement.
AdvancedAdvT Limited has acquired Goss Technology Group Limited, a digital platform provider for public sector digital transformation, for approximately £7.1 million net consideration. This strategic acquisition enhances AdvT’s position in the public sector by expanding its portfolio with scalable, low-code digital solutions, supporting long-term growth through recurring SaaS revenues and opening cross-selling opportunities. The acquisition aligns with structural changes in local government and the demand for improved digital infrastructure, positioning AdvT to meet evolving public sector needs and drive sustainable growth.
More about AdvancedAdvT Ltd.
AdvancedAdvT Limited (AdvT) is an international software solutions provider specializing in business solutions, healthcare compliance, and human capital management. The company focuses on delivering AI, data analytics, and business intelligence to drive growth in sectors undergoing long-term digitization. AdvT is expanding its market presence through both organic growth and strategic acquisitions.
Average Trading Volume: 204,739
Technical Sentiment Signal: Buy
Current Market Cap: £206.5M
For detailed information about ADVT stock, go to TipRanks’ Stock Analysis page.