13 Aug 2021
Cenkos:Brave Bison Group Plc -Transformational acquisition of Greenlight
Brave Bison has raised c£6.2m via a placing of new ordinary shares to acquire Greenlight, a digital advertising and technology company, for a total consideration of £6.8m, c9x FY21E EV/EBITDA or c6x post synergies. This deal will substantially diversify and significantly strengthen Brave Bison's existing digital services offering, increasing its exposure to the rapidly growing demand for Paid & Organic Media and Influencer Marketing. We update our forecasts for the earnings enhancing acquisition ....
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Cenkos:Brave Bison Group Plc -Transformational acquisition of Greenlight
Brave Bison Group Plc (BBSN:LON) | 2.4 0 0.0% | Mkt Cap: 30.3m
- Published:
13 Aug 2021 -
Author:
Peter Renton -
Pages:
17
Brave Bison has raised c£6.2m via a placing of new ordinary shares to acquire Greenlight, a digital advertising and technology company, for a total consideration of £6.8m, c9x FY21E EV/EBITDA or c6x post synergies. This deal will substantially diversify and significantly strengthen Brave Bison's existing digital services offering, increasing its exposure to the rapidly growing demand for Paid & Organic Media and Influencer Marketing. We update our forecasts for the earnings enhancing acquisition ....