LONDON: AdvancedAdvT Limited, the international software solutions provider for the business solutions, healthcare compliance, and human capital management sectors has agreed to acquire HFX Limited, the provider of a cloud based workforce management SaaS solution, for a total consideration of £5.3 million net of cash acquired of £0.6 million, of which £2 million is deferred…
Tag: AdvancedAdvT
AdvancedAdvT reports robust interim financial results, exceeding expectations
LONDON, UK: AdvancedAdvT Limited (LSE: ADVT), a leading international software solutions provider, has announced its unaudited interim results for the six months ending December 31, 2023, showcasing a strong financial performance across its business solutions, healthcare compliance, and human capital management sectors. The Group, which integrated four operating units since July 31, 2023, reported a…
Capita Plc agrees to sell software businesses to AdvancedAdvT
LONDON, UK: Capita plc confirms that it has agreed to sell software businesses CIBS, CHKS, Retain, WFM and Synaptic to AdvancedAdvT Limited for an enterprise value of £33 million on a cash-free, debt-free basis. Including cash and debt-like items and typical working capital adjustments, Capita expects to receive cash proceeds of c£44m on completion, including…
AdvancedAdvT offers to acquire M&C Saatchi for £253.6 million
LONDON, UK: AdvancedAdvT Limited (ADV) has made an offer to acquire share capital of M&C Saatchi plc (Which it doesn’t already own), whereas M&C Saatchi shareholders have the option to take 2.53 ADV shares or 2.043 ADV shares plus 40 pence for every M&C share. Both the Cash and Shares Offer and the All Share…
Murria’s AdvancedAdvT confirms share exchange merger with M&C Saatchi
LONDON, UK: The Board of AdvancedAdvT Limited has confirmed its intention to exploring a share exchange merger with M&C Saatchi. This follows the announcement made by AdvancedAdvT on 5 January 2022 confirming that the company had acquired 12 ordinary shares in M&C Saatchi, an international communications network headquartered in London. AdvancedAdvT Limited is an acquisition vehicle listed on…