Empresaria has announced the acquisition of Pharmaceutical Strategies a provider of temporary workers to the US healthcare sector. The business is currently growing strongly and sector growth is expected to continue. The deal has been financed by a share placing which was oversubscribed and by small additional debt facility. The deal should be earnings enhancing in its first full year and the balance sheet remains in a comfortable position. The vendor’s CEO has been locked in and the deal meets a number of the group’s strategic objectives. It looks a great deal and should boost the company’s growth.
21 Oct 2015
Acquisition of Pharmaceutical Strategies
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Acquisition of Pharmaceutical Strategies
Empresaria Group plc (EMR:LON) | 35.5 0 0.0% | Mkt Cap: 17.7m
- Published:
21 Oct 2015 -
Author:
Steve Clapham -
Pages:
6
Empresaria has announced the acquisition of Pharmaceutical Strategies a provider of temporary workers to the US healthcare sector. The business is currently growing strongly and sector growth is expected to continue. The deal has been financed by a share placing which was oversubscribed and by small additional debt facility. The deal should be earnings enhancing in its first full year and the balance sheet remains in a comfortable position. The vendor’s CEO has been locked in and the deal meets a number of the group’s strategic objectives. It looks a great deal and should boost the company’s growth.