Given the progress that has been made and as outlined in the circular to shareholders dated 28(th) April 2015,
The Board is now of the view that the time is right to consider reviewing acquisition opportunities that will take advantage of the underlying capabilities of the Group."
Quite a telling statement that, this is clearly a buy and build company now. Just like RCN, ACM CTP.
MXCP stated that they would get involved in buy and builds and this is clearly one in the making.
MXCP have thier man on the board and the company has stated that acquisitions is no on their radar. This is a great chance during these quiet summer months to get a holding in time for a return to good solid volume and good news days.
I have played the waiting game here for a couple of months since MXCP got involved and today is perhaps the start of the return on my investment. As a private equity firm with presumably wealthy clients I do not think Livingbridge would have almost doubled their clients' stake without feeling pretty confident that something is about to happen.
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