Investegate |Hyve Group PLC Announcements | Hyve Group PLC: Acquisition of Retail Meetup
· Initially adds four high quality fully digital events to accelerate evolution of omnichannel strategy · Earnings enhancing in first full year of ownership and immediately brand enhancing Hyve Group plc today announces the acquisition of Retail Meetup, LLC ("Retail Meetup") for an initial consideration of £18.8m 1, with an earn out capped at £9.0m 1 based on the EBITDA of the two events scheduled for FY21, payable in Q4 FY21. Retail Meetup is a first of its kind digital event format for the ecommerce market that enables attendees to n...
Source: investegate.co.uk