PTG are actually pulling all these together under the one product.
So the acquisitions they have done for CRM's will be brought under the Vault product and converted. So the other acquisitions are to acquire and transfer customers over.
Don't forget that the major customers - Barry Plant, Raine & Horne, Ray White and Harcourts are all now shareholders so those guys are locked in and super low chance of churning.
What's that - a fast growing tech business with near zero churn and huge potential to move further into the transaction cycle?
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