I think the market also loved the news re "organic growth" from the acquisition synergies.
It means the growth strategy is not just acquisition after acquisition at multiples of revenue, which seems to have been the market's concern. It is actually a lot more sophisticated and strategic than that.
The fact that Tesserent is achieving organic growth via cross organisation sales etc is music to shareholder's ears. The executive appointment to drive further synergies is also very welcome news.
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