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Acquisition

RNS Number : 4420Y
Sage Group PLC
03 March 2017
 

 

                                                     3 March 2017

The Sage Group plc

 

Fairsail Limited acquisition

 

 

Further to the announcement made on 5 May 2016, the Sage Group plc ("Sage") today announces the agreement to acquire Fairsail Limited (Fairsail), a global cloud HCM and People management system for mid-sized businesses.

 

Currently a minority shareholder, the acquisition will see Sage take full ownership of Fairsail, building on the success of a shared product, Sage People, launched last year. The acquisition is expected to complete within the next 30 days.

 

For further information please see: www.sage.com

 

 

Enquiries:

 

The Sage Group plc   

+44 (0) 191 294 3457                                                    

Lauren Wholley, Investor Relations                                                         

Amy Lawson, Corporate PR

Rebecca Potgieter, Corporate PR           

Derk Bleeker, Corporate Development

                                                                                                                                   

 

ENDS

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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