Announced
Financials
Tags
Friendly
Private
Acquisition
managed services
brand performance solutions
Single Bidder
software development
United States
Software
Synopsis
Acquisition of Flywheel Digital, a leading US-based provider of managed services to consumer product companies trading on Amazon, by Ascential plc, the global specialist information company focused on the digital economy, for an initial cash consideration of $60m plus earn out payments payable over three years. The transaction is expected to be earnings accretive in Ascential's current financial year.
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