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.

URL: 

http://www.ldc.co.uk/

Target

WorkPlace Systems

Sector

Fintech

Product

M&A

£41,000,000
Financed Wasp Management Software's acquisition of
December 2011