NCC buys US escrow firm for £5.9m

IT assurance company NCC Group has made a fresh acquisition in the US.

The listed Manchester company has bought Escrow Associates, a  software escrow company, for a maximum consideration of up to £5.9m ($9.5m) in cash.
Atlanta-based Escrow Associates has 10 staff and provides independent escrow solutions to approximately 1,000 clients predominately located in North America.

The deal will boost NCC's share of the US escrow market and alos widens its international presence as many of Escrow Associates&r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...