Asia Pacific Digital completes Asia Pacific Digital Australia Group acquisition

Friday 4 April 2014 10:23 CET | News

Asia Pacific Digital, a business consultancy company, has completed the acquisition of Asia Pacific Digital Australia Group, a digital services provider.

In March 2014, Digital Performance Group was renamed Asia Pacific Digital, but has retained its existing ASX stock code. Along with the acquisition of Asia Pacific Digital Australia Group, the company has become a global digital services provider, with over 300 employees in 7 countries.

The agreement is expected to provide Asia Pacific Digital with an estimated USD 2.6 million of services over five years with cash remuneration via retainer and a revenue share.

Asia Pacific Digital expects its revenue for the 2014 financial year to be USD 5.3 million with trading EBITDA of USD 4.2 million.

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Keywords: Asia Pacific Digital, Asia Pacific Australia Group, ecommerce, ASX stock, acquisition
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce