Shearwater has raised £17.6m via an equity placing to finance the transformational acquisition of Brookcourt Ltd. Brookcourt is a UK based cyber-solutions provider specialising in providing emerging technologies in cloud security to a blue-chip customer base. The investment case is compelling because of the growth rates in these markets and the subsequent financial position of the enlarged group.
17 Oct 2018
Cenkos: Shearwater Group Plc - Brookcourt path to profitability
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Cenkos: Shearwater Group Plc - Brookcourt path to profitability
Shearwater Group plc (SWG:LON) | 49.0 0 0.0% | Mkt Cap: 11.7m
- Published:
17 Oct 2018 -
Author:
Cavendish Research -
Pages:
30
Shearwater has raised £17.6m via an equity placing to finance the transformational acquisition of Brookcourt Ltd. Brookcourt is a UK based cyber-solutions provider specialising in providing emerging technologies in cloud security to a blue-chip customer base. The investment case is compelling because of the growth rates in these markets and the subsequent financial position of the enlarged group.