Outsourcing specialist Capita has beefed up its computer consultancy offering with the acquisition of Smiths Consulting.
Capita is initially paying £10m to acquire the systems applications and products (SAP) consultancy on a cash free, debt free basis, though the deal has a further contingent consideration of up to £2m which is based on profit performance over the next two years.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Accelerating state pension age hikes could cost Brits in early 50s almost £18,000A recently launched review of the state pension age has sparked concern that the planned increases could be accelerated. How much could it cost you?
-
How to invest by age - the one rule everyone can followWhether you’re a seasoned investor or new to the game, here’s the one investing rule to help determine how much you should invest according to your age
