Brief: NowVertical Group To Acquire Uk-Based Acrotrend And Smartlytics
Dec 12 (Reuters) - Nowvertical Group Inc NOW.V :
* NOWVERTICAL GROUP ENTERS INTO DEFINITIVE AGREEMENTS TO
ACQUIRE
UK-BASED ACROTREND AND SMARTLYTICS
* ACQUISITIONS ARE EXPECTED TO INCREASE NOW’S REVENUES BY
APPROXIMATELY US$6.1 MILLION
* NOWVERTICAL GROUP - ACQUISITIONS ARE EXPECTED TO INCREASE
NOW’S
ADJUSTED EBITDA BY ABOUT US$1.9 MILLION FOR THE TRAILING
12-MONTH PERIOD, PRE-SYNERGIES
* DEFINITIVE AGREEMENTS TO ACQUIRE UK-BASED ACROTREND AND
SMARTLYTICS FOR TOTAL GROSS CONSIDERATION OF US$6.45 MILLION
Source text for Eikon: ID:nGNX8ydpRv
Further company coverage: NOW.V
((Reuters.Briefs@thomsonreuters.com;))
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