SimplyBiz’s acquisition of the leading financial information business, Defaqto, should be immediately enhancing. Key elements of the deal are: Total consideration of £74.5m (including £3.4m cash acquired) is funded 50% by debt, 10% through Defaqto management rolling half their equity, 1% through SimplyBiz’s own cash and 39% by an institutional placing. Defaqto has a wide range of products including independent fund and product information, ratings, as well as an end-to ....