Monday 8 November 2021

Marlowe buys EssentialSkillz for £25m

EssentialSkillz has been bought for £25 million.

Marlowe, a London-listed security systems services company, is proposing a share placing to raise £50 million to fund the deal and additional bolt-on acquisitions.

Marlowe expects the deal to be “earnings enhancing” in the first full year of ownership.

EssentialSkillz announced that the company remains unchanged and will continue operating in the same way from the same location. The existing staff and senior management team will also remain unchanged, it will be business as usual.

Read more:

Irish Times

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