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...