Video interview with Nigel Redwood12 Apr 2016 15:41
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Nasstar PLC (LON:NASA), the cloud service provider, increased adjusted pre-tax profit in 2015 and that is thanks to benefits of integrating acquisitions, its chief executive Nigel Redwood tells Proactive Investors.
Nasstar is cautious not to make acquisitions for growth alone and seeks key strategic justifications. Its most recent acquisition, VESK, in late 2015, the company found several benefits, including James Mackie, the founder whom Redwood was keen to get on board and has appointed Group Sales Director.
But organic growth is also important to the future of the business. “Hence, in 2016 we are putting a lot of investment into sales and marketing. To re-launch under one umbrella brand name which will be Nasstar,” he says.