Franchise Brands acquires Azura Group for £1.0 million
LONDON, UK: Franchise Brands (LON: FRAN) has acquired the entire issued share capital of Azura Group Ltd, a leading franchise management software system developer. The gross consideration for the acquisition is £1,000,000, payable as £850,000 in cash and £150,000 in Franchise Brands shares. It is warranted by the vendors that the cash in Azura’s balance…