ActiveOps plans AIM flotation

Management process automation software developer ActiveOps plans to join AIM later in March. No new money is being raised because there is cash in the bank following a disposal last year. A valuation of more than £100m has been suggested.

ActiveOps develops back office workforce optimisation software that provides timely, accurate information and its main platform is called Workware+. The core customer base is financial services companies. This is a SaaS-based business. There are offices in the UK, US, South Africa, India, Ireland and Australia.

Calculus Capital has a 29.3% stake in Act...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.