PGH has today announced the conditional acquisition of Innecto, an independent pay and reward consultancy, for a £3m cash consideration. The deal sees co-founder Deborah Rees-Frost (a PGH NED since 2015) take over the role of PGH CEO from the departing Mark Scanlon, while making a significant subscription for new shares. Strategically, the deal sees PGH broaden its employee services offer to now include reward consultancy, while crucially providing opportunities to cross-sell Hapi into Innecto's ....
06 Feb 2019
Cenkos: Personal Group Holdings Plc - Acquisition and new CEO
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Cenkos: Personal Group Holdings Plc - Acquisition and new CEO
Personal Group Holdings Plc (PGH:LON) | 160 0 0.0% | Mkt Cap: 50.2m
- Published:
06 Feb 2019 -
Author:
Cavendish Research -
Pages:
8
PGH has today announced the conditional acquisition of Innecto, an independent pay and reward consultancy, for a £3m cash consideration. The deal sees co-founder Deborah Rees-Frost (a PGH NED since 2015) take over the role of PGH CEO from the departing Mark Scanlon, while making a significant subscription for new shares. Strategically, the deal sees PGH broaden its employee services offer to now include reward consultancy, while crucially providing opportunities to cross-sell Hapi into Innecto's ....