Technology

Maintel Holdings plc

Year

2016


Transaction type Equity Capital Markets & Corporate Broking

Sector Technology

finnCap have advised Maintel Holdings Plc on their reverse takeover.

John Booth, Chairman of Maintel, commented:

“We are delighted with the support shown for this Placing and Acquisition, which has resulted in the Placing being significantly oversubscribed. The Acquisition will be transformational for the Company and we are excited by the potential to combine the two businesses and materially expand our platform for growth. We have consistently achieved substantial post-acquisition cost savings and we are confident of realising significant synergies from this transaction that are expected to drive increased returns for Maintel’s shareholders.”