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An announcement from WAY 2 VAT LTD ( (AU:W2V) ) is now available.
Way2VAT Ltd has announced the acquisition of RBC VAT Limited, a UK-based VAT advisory and compliance specialist, as part of its growth strategy. This acquisition, valued at approximately $4 million, is expected to be earnings accretive from day one and will add significant revenue and EBITDA to Way2VAT’s financials. The acquisition will enhance Way2VAT’s offerings by integrating RBC VAT’s consulting capabilities and client base, thereby accelerating the company’s path to profitability and cash-flow positivity. The transaction also highlights Way2VAT’s commitment to both organic and inorganic growth, with strong investor support backing its global expansion vision.
More about WAY 2 VAT LTD
Way2VAT Ltd is a global leader in automated VAT claim and return solutions. The company focuses on providing VAT compliance and consultancy services, leveraging its market-leading technology platform to serve a diverse client base across the US, UK, and EU.
Technical Sentiment Signal: Sell
See more data about W2V stock on TipRanks’ Stock Analysis page.