GrowthOps enters exclusive discussions to acquire Entrago
Marketing and technology company GrowthOps has entered exclusive discussions to acquire Entrago, a Brisbane-based company that implements the ServiceNow cloud platform. The announcement follows Growthops’ acquisition of agencies such as Khemistry, AJF Partnership and Voodoo Creative.
Entrago has 19 staff and an estimated $1.7 million annual revenue.
GrowthOps and Entrago have signed a non-binding term sheet
19 staff with a $1.7m turnover. Not much meat left on the bone there. The final deal will be interesting seeming the two heads have history.
This is hilarious
Why do a $5m share buyback to return cash to shareholders, and then decide to buy another company
All while posting a $48m loss
Financials all in hand obviously, carry on..