We were delighted to be joined live from America by Maurice Healy, CEO of Glantus Holdings (GLAN), the Irish-headquartered Automated Accounts Payable business at our July London South East webinar.
Glantus IPO’d and raised £10M in a placing plus a further £4M in May, and have a market cap of around £33M. Maurice confirmed that revenues last year were Euros 8.5M.
"Before the IPO we were 85% owned by management, post-IPO we are 55% owned by management." he told us.
#GLAN cover EMEA from London and the US from San Jose, California. Their clients are typically global Enterprise businesses with a degree of complexity in their accounting systems and with many suppliers, and strong growth is expected to come organically, by 'arbitrage' of acquisitions and through partnerships, a new addition.
