(CercleFinance.com) – Bluelinea soars by 12% after the finalization of the acquisition of Securitas Téléassistance, which allows the group to rise to the Top 5 of a French remote assistance market estimated at nearly 90 million euros per year, with a market share of over 7%.
This acquisition, the amount of which remains confidential, is self-financed with a payment schedule of funds over 2021 and 2022, the first payment having been covered by the proceeds of the sale, on November 19, of 120,000 treasury shares in Bluelinea.
In order to optimize the integration of this company, Bluelinea has implemented a plan to optimize its operating costs. Immediately creating value, the acquisition will have a positive impact on results and will help achieve positive EBITDA at the end of 2022.