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Deal snapshot: TRUE NATURE ACQUIRES UK CLOUD SOLUTIONS PROVIDER POWEREPOS.

MANews-(C)2009-2019

US-based software company True Nature Holding, Inc. (OTCQB: TNTY) is initiating its European expansion plans with the acquisition of Liverpool, United Kingdom-based cloud based solutions provider PowerEPOS Ltd. In a USD 1.5m stock deal, the company said.

The company has executed a non-binding letter of intent, subject to completion of due diligence and approval of both group's board of directors. The PowerEPOS operations recently completed a USD 2.5m year and is expected to grow exponentially with the deployment of its new cloud based solutions, and additional capital.

Country: UK

Sector: Computer Software

Target: PowerEPOS Ltd

Buyer: True Nature Holding, Inc

Vendor:

Deal size in USD: 1.5m

Type: Corporate Acquisition

Financing: Stock

Status: Agreed

Buyer advisor: , ,

Comment:

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Publication:M & A Navigator
Geographic Code:4EUUK
Date:Jun 19, 2019
Words:122
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