VXTRF - Voxtur bolsters SaaS title business with acquisition of Benutech
Voxtur Analytics (OTCQB:VXTRF) has signed an agreement for the acquisition of all of the issued and outstanding stock of Benutech, a preeminent source of innovative data solutions and technology applications for the real estate industry. With this acquisition, the Co. continues to amass a repository of validated data and intuitive SaaS tools designed to facilitate better control and utilization of data within real estate finance. Consideration for the Acquisition will consist of up to $17M, with $7M of the Purchase Price to be satisfied by the issuance of common shares of Voxtur, $5M to be comprised of a cash payment, and up to $5M to be satisfied by the issuance of additional common shares of Voxtur. "With the added value and support of Voxtur's technology solutions, Benutech's ability to provide streamlined, data-driven solutions will be unrivaled." said Benutech CEO Ryan Marshall.
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Voxtur bolsters SaaS title business with acquisition of Benutech