SQS has announced its second acquisition in the US marketplace, buying a test consultancy business, Galmont, for up to US$22m. We see the deal as well-structured and strategically aligned, adding geographies and customer segments to the recent Trissential deal. Given the 2014 PBT of US$1.1m and only a part-year contribution for 2015, the impact on this year’s forecasts is minimal; we will revisit our forecasts at the time of the half-year results on 9 September. No change to our recomme
