Franchise Brands has announced the earnings accretive acquisition of Azura Group, a leading franchise management software system developer for net consideration of £825k. Franchise Brands has partnered with Azura since 2018 to develop its Vision works management system. The acquisition consolidates Franchise Brands' technology investment and IP to date as the group develops a common technology platform across all its businesses. In addition, Franchise Brands sees considerable scope to develop Az ....
29 Nov 2021
Acquisition of Azura Group
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Acquisition of Azura Group
Franchise Brands plc (FRAN:LON) | 182 -5.5 (-1.6%) | Mkt Cap: 352.7m
- Published:
29 Nov 2021 -
Author:
Paul Richards | Brendan D'Souza -
Pages:
7
Franchise Brands has announced the earnings accretive acquisition of Azura Group, a leading franchise management software system developer for net consideration of £825k. Franchise Brands has partnered with Azura since 2018 to develop its Vision works management system. The acquisition consolidates Franchise Brands' technology investment and IP to date as the group develops a common technology platform across all its businesses. In addition, Franchise Brands sees considerable scope to develop Az ....