Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Learning Tech CEO expects more acquisitions after recent deals

Learning Technologies Group (LON:LTG) chief executive Jonathan Satchell told Proactive he could “pretty much guarantee” there will be more acquisitions to come, after the firm spent US$30mln on Friday.

The firm is to acquire Rustici Software LLC, a software specialist, for US$26mln and has agreed to invest US$3mln for a 30% stake in analytics specialist Watershed Systems.

“Buy and build is an essential part of where we are taking this business, but be under no illusion it’s nothing without a very strong underpinning of underlying growth,” he said.

 
Meet Advanced Oncotherapy, VolitionRx, Scancell Holdings Plc, Faron Pharmaceuticals Oy and ReNeuron Group Plc at our event, London, 26 January 2017. Register here »
Jonny.jpg
Why Invest In Learning Technologies Group plc? Read More Here

Register here to be notified of future Learning Technologies Group plc articles
View full LTG profile

Learning Technologies Group plc Timeline

© Proactive Investors 2016

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.