Property firm swoops for Manchester data centre and tech firm in £9.5m deal

MANCHESTER-based services company Styles & Wood has acquired critical facilities and data centre services provider Keysource Ltd for about £9.5m.

The deal is for an initial consideration of £2m to be satisfied in cash and shares with an additional payment to reflect any excess working capital of £2.5m. This payment will covered in cash inherited in Keysource at the completion date.

http://www.thebusinessdesk.com/northwest/news/740133-property-services-firm-swoops-for-data-company-in-9.5m-deal.html?utm_source=RSS&utm_medium=news%2Bfeed&utm_term=Property+firm+swoops+for+data+centre+engineering+and+technology+company+in+%26%23163%3B9.5m+deal

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