Next 15 Group plc
("Next 15" or the "Group")
Disposal of BYND Ltd
Next 15 (AIM:NFG), the tech and data driven growth consultancy, today announces that, in line with its simplification strategy, it has agreed to dispose of its subsidiary, BYND Ltd ("Beyond") to Qodea Ltd. Beyond is a digital development business with a focus on clients using the Google Cloud platform and Qodea is a specialist Google Cloud development business backed by Marlin Equity Partners. The deal is expected to complete within 2 weeks.
Sam Knights, CEO of Next 15 commented: "The disposal of Beyond and Palladium, whose sale we recently announced, reflects our ongoing strategy to simplify Next 15 refocussing our organisation for the next phase of growth. I am also pleased that this deal represents a good outcome for the Beyond team."
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For further information, please contact: |
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Next 15 Group plc Sam Knights, Chief Executive Officer |
+44 7725 954 360 |
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Mickey Kalifa , Chief Financial Officer |
+44 7584 236 999 |
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Deutsche Numis (Nomad & Joint Broker) |
+44 (0)20 7260 1000 |
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Mark Lander |
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Hugo Rubinstein |
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Berenberg (Joint Broker) |
+44 (0)20 3207 7800 |
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Ben Wright |
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Mark Whitmore |
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MHP |
+44 (0)20 3128 8000 |
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Oliver Hughes |
Next15@mhpgroup.com |
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Eleni Menikou |
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Veronica Farah |