CL1 class limited
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News: CL1 Class Ltd Announces Acquisition Of Legal Documentation Software Provider, Topdocs

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    17/08/21
    11:45
    Post #: 55348799

    Aug 17 (Reuters) - Class Ltd (CL1) :

    • ACQUISITION OF LEGAL DOCUMENTATION SOFTWARE PROVIDER, TOPDOCS
    • PROPOSED DEAL FOR ENTERPRISE VALUE OF A$13M ADJUSTED FOR WORKING CAPITAL
    • TRANSACTION HAS A TARGET COMPLETION DATE OF SEPTEMBER 1 AND IS EXPECTED TO BE EARNINGS ACCRETIVE IN FY22
    • ACQUISITION WITH ESTIMATED REVENUE CONTRIBUTION OF A$3 MILLION THIS FINANCIAL YEAR
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