Grafenia (GB:SFT) has released an update.
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Software Circle PLC has announced the acquisition of Be The Brand Experience Limited, a London-based provider of marketing compliance and digital asset management solutions, for a total of £3.5m, with the aim of enhancing earnings and cash flow. The deal includes an initial payment of £2.8m and a deferred £0.7m to be paid on the acquisition’s first anniversary. The acquisition aligns with Software Circle’s strategy of acquiring vertical market software companies and is part of a broader initiative to restructure their balance sheet and facilitate future M&A activity.
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