Wednesday, November 21, 2007

 

Intellego Buys Copia

Intellego Holdings continues on its' growth strategy with yet another acquisition. This time it is Copia that's being bought, with £50k in shares and £25k in cash on completion and another £15k based on performance.

That sounds like a fair bit of money for a Company with net liabilities of £46k, though in saying that, Copia did generate a pre tax profit of £23k in the 6 months to September.

Alistair Marshall, Managing Director and major shareholder in Copia, will be joining Intellegos executive team.

Full announcement at :e-LearningNow:

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