LONDON (Thomson Financial) - Bond International Software Plc. said it has acquired the busines
s and assets of the payroll companies Team Spirit Software Ltd. and Headcount Services Ltd. for 1 million pounds in cash plus the assumption of 0.8 million to 0.9 million pounds of liabilities.
The acquisition provides Bond with around 2 million pounds of recurring revenue and an increased client base, the company said.
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