News blog
ADDleisure
- BY: Andrew Hore |
- POSTED: 08/10/2008 |
- COMMENTS: Add yours
A subsidiary of ADDleisure is acquiring health club management software provider ClubRunner.
ADDleisure owned 50.2% of intelligent booking software supplier Digital Plantation, which is paying £500,000 in cash plus shares equivalent to 24.9% of its enlarged share capital. There could be additional performace-related payments of up to £916,000.
ClubRunner generated revenues of £1.4m and a loss of £3,000 in the year to April 2008. Customers include Ramada Jarvis and PlayGolf.
There should be a good fit between the two businesses and they will be better placed to win larger clients. It will also boost the group’s recurring revenues.
It appears that ADDleisure’s stake in Digital will be diluted to just below 38%, Even so, Digital’s figures will still be consolidated in ADDleisure’s accounts.
At 2.625p a share, ADDleisure is valued at £5.5m.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Sanderson Group
Enterprise software provider Sanderson Group is continuing to benefit from growth in multi-channel retailing.
Resources In Insurance Group
Claims management services provider Resources In Insurance Group has slashed its loss in 2011.
atUK
e-commerce services provider @UK has gained a four year national e-commerce framework agreement for all UK public bodies.
Hydrogen Group
Recruitment firm Hydrogen Group says that net fee income for the first four months of 2012 was higher than the same period last year.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|