Enprise buys Global Bizpro for $750,000

Sun, 08 Feb 2015

By Suze Metherell Feb. 9 (BusinessDesk) - Enprise Group has bought MYOB EXO practice Global Bizpro for up to $750,000 including earnouts, in the accounting software reseller first acquisition since it debuted on the NZAX in December. The Auckland-based company will pay $275,000 in cash and issue 200,000 shares at 50 cents each after settlement for the software service company, which is expected to add $300,000 to annual profit and $1.6 million in revenue, Enprise said in a statement. It will pay a further $375,000 in cash, if the company...

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