Acquisition of WorkPlace Systems financed by LDC
Wasp Management Software, a company backed by LDC, has made a recommended cash offer for WorkPlace Systems, the AIM listed, SaaS workforce management software company.
The customer base of WorkPlace Systems includes Walmart in the US and Gala Coral, H&M and Metro Group in Europe.
Torch Partners acted as financial advisor to LDC and Wasp Management Software on the acquisition.
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