Franchise Brands plc, a multi-brand franchisor, and today it is pleased to announce the acquisition of Azura Group Ltd (“Azura”), a leading franchise management software system developer, for a gross consideration of £1,000,000 in a combination of cash and shares within the Franchise Brands group.Having worked in partnership with Azura in recent years, this addition enables the Group to consolidate its software development and secure ownership of the related intellectual property (“IP”) created...
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