Deal snapshot: TRUE NATURE ACQUIRES UK CLOUD SOLUTIONS PROVIDER POWEREPOS.
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.
Sector: Computer Software
Target: PowerEPOS Ltd
Buyer: True Nature Holding, Inc
Deal size in USD: 1.5m
Type: Corporate Acquisition
Buyer advisor: , ,
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|Publication:||M & A Navigator|
|Date:||Jun 19, 2019|
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