ReThink Groupwww.therethink-group.com TICKER: RTG EXCHANGE: L
ReThink is a specialist recruitment, consultancy and managed services group supplying specialist IT and construction professionals. It is also a provider of business and technology solutions. The Group was formed and started trading in early 2005, listing on AIM in June 2008. It has 2 main business areas: ReThink Recruitment - ReThink Recruitment is a business and technology recruitment consultancy with a number of specialist practices in the commercial and public sectors. It services all industries and all sizes of companies - from sourcing single permanent placements for SMEs to providing large contractor outsourcing projects for global corporations. AIIMI - Aiimi is a business transformation and technology services company that specialises in the delivery of business intelligence and enterprise content management solutions.The client base spans a broad range of organisations with clients in the financial services, pharmaceuticals, energy and telecommunications sectors, as well as both local and central government departments.Aiimi has formed strategic partnerships with a select number of the leading software platform providers including Open Text, MicroStrategy, SAP and Microsoft.
Multi-year contracts support earning power
Opportunities in public sector IT
Acquisitions pricing would be more attractive in a recession
£7m remaining from finance facility, to pursue development
Foreign buyers gorging on UK stocks
Document can be downloaded here: UK plc ‘going for a song’
Being a shareholder in a company that receives a juicy takeover offer is a marvellous feeling. Something that many fortunate investors have experienced over the past 3 years. Thanks to a spate of M&A bids by deep pocketed overseas buyers – partly triggered by the June 2016 Brexit result, which sent the £ tumbling and adversely affected the FTSE.
Consequently today, given this trend is unlikely to end anytime soon, we’ve highlighted 30 possible acquisition ideas in the attached research paper. Spilt equally between large and smallcap stocks – covering a broad selection of industries.
What’s more we believe most of these businesses are underpinned by strong fundamentals and substantial upside in the event of predatory interest.
According to Factset Mergerstat/BVR, the average bid premium paid for such deals between 2004-14 was 30% – with the figure trending upwards since the global financial crisis.
Happy investing. Published 27th August 2019