K3 buys retail software firm for £1.3m

AIM-listed software firm K3 Business Tech has acquired Retail Systems Group (RSG) for £1.28m, a provider of Microsoft Dynamics 'Retail Management System' to retailers in the UK and Ireland.

AIM-listed software firm K3 Business Tech has acquired Retail Systems Group (RSG) for £1.28m, a provider of Microsoft Dynamics 'Retail Management System' to retailers in the UK and Ireland.

K3 said that this deal gives it access to the "significant market for smaller retailers." RSG has around 200 customers, including Aston Martin, Highgrove House and National Portrait Gallery.

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