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AdvancedAdvT to acquire Celaton for £5m.

Synopsis

AdvancedAdvT, a financial management software provider, agreed to acquire Celaton, a software company, for £5m. "Celaton operates within a market experiencing significant rising demand for AI, automation and efficiencies. It will be immediately beneficial to the wider AdvT client base, with its e-invoicing, AI, document processing IP centric product. This is especially timely considering the recent notice that a material alternative supplier intends to withdraw from the market, creating further immediate opportunities," Vin Murria, AdvancedAdvT Executive Chairperson.

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