Comms Group (ASX:CCG) has successfully completed a capital raising
Comms Group (ASX:CCG) has raised US$4.7 million via a placement to partially fund the Next Telecom acquisition and for further acquisitions which include a US$1.9 million conditional placement subject to shareholders’ approval. The placement was well supported by a broad range of Australia’s leading small cap institutional investors, existing shareholders and directors and senior management.
Comms Group is a leading business telecommunications service provider with a broad product suite, servicing SMEs and corporate mid-market customers and wholesale and partner customers. The company is well positioned to take advantage of strong growth in the corporate ICT market.
Oaklins’ team in Australia acted as the lead manager to the placement.
Comms Group, CEO and Managing Director
Talk to the deal team
M80 Partners has acquired Luminis
Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.Learn more
The Digital Transformation Group has raised debt to acquire OnePLM
The Digital Transformation Group, a portfolio company of Holland Capital, has raised debt to acquire OnePLM.Learn more
Confirma Software has acquired Quick Systems
Quick Systems AS has become part of Confirma Software, backed by Abry Partners.Learn more