Acquisition

RNS Number : 4420Y

Sage Group PLC

03 March 2017

 

                                                     3 March 2017

The Sage Group plc

Fairsail Limited acquisition

Further to the announcement made on 5 May 2016, the Sage Group plc ("Sage") today announces the agreement to acquire Fairsail Limited (Fairsail), a global cloud HCM and People management system for mid-sized businesses.

Currently a minority shareholder, the acquisition will see Sage take full ownership of Fairsail, building on the success of a shared product, Sage People, launched last year. The acquisition is expected to complete within the next 30 days.

For further information please see: www.sage.com

Enquiries:

The Sage Group plc   

[phone]                                                    

Lauren Wholley, Investor Relations                                                         

Amy Lawson, Corporate PR

Rebecca Potgieter, Corporate PR           

Derk Bleeker, Corporate Development

ENDS

 

END

 

 

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