White Pearl Technology Group (WPTG) signs a Letter of Intent to acquire majority stake in Independent Software Solutions Consulting Pty Ltd (ISSC)
White Pearl Technology Group, a leading information technology company listed on the Nasdaq First North Growth Market in Stockholm, enters into an agreement to acquire a majority stake of 51 percent in Independent Software Solutions Consulting Pty Ltd (ISSC), a Microsoft, cloud solutions company registered in the UK and South Africa. The year ending May 2023, ISSC revenue amounted to approximately 23,5 million SEK with a net margin of about 12 percent, which adds to WPTGs total annual turnover and margins with approximately 10 to 12 percent.ISSC offers solutions and services of products