SimplyBiz swoops for fintech firm in £74m deal

SimplyBiz, the Huddersfield-based business support company, has conditionally agreed to acquire Regulus Topco, owner of financial services technology business Defaqto, for £74.3m. The combination of SimpyBiz and Defaqto creates a single fintech and support services group, which SimplyBiz said will benefit from an increased number and range of distribution channels. Listed SimplyBiz, which earlier this month published its first full-year financial results as a public company following its AIM flotation in April 2018, was set u... For the full story register now for free or login below...
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