Yesterday, 1pm announced the completion of the previously unnamed second acquisition to be integrated within the new Commercial Finance division. Positive Cashflow, an invoice discounter based in the North West, has been revealed as the new addition. We now expect management to accelerate the acquisitions’ previously cautious lending, while also identifying cross-selling synergies with 1pm’s existing clients.
30 Jun 2017
Acquisition of Positive Cashflow
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Acquisition of Positive Cashflow
Time Finance plc (TIME:LON) | 41.0 0.2 1.2% | Mkt Cap: 37.9m
- Published:
30 Jun 2017 -
Author:
Cavendish Research -
Pages:
6
Yesterday, 1pm announced the completion of the previously unnamed second acquisition to be integrated within the new Commercial Finance division. Positive Cashflow, an invoice discounter based in the North West, has been revealed as the new addition. We now expect management to accelerate the acquisitions’ previously cautious lending, while also identifying cross-selling synergies with 1pm’s existing clients.