Proptech company Topfloor acquired in €6.2m deal

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Topfloor reported revenues of €1.59m in 2022

Topfloor Systems, an Irish property management software company, has been acquired in a €6.2 million deal. The buyer is Grafenia, a London-listed group that builds software-as-a-service systems for businesses.

The company is paying an initial €3.8 million for Topfloor, with a deferred consideration of €960,000 to be paid on the first anniversary of completion. Up to a further €1.4 million is due upon achievement of agreed targets relating to the financial performance of Topfloor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines