BRIEF-Gentrack acquires Junifer Systems
March 28 Gentrack Group Ltd:
* Asx alert-gentrack acquires junifer systems-gtk.nz
* Deal for an enterprise value of NZ$74.6m
* Entered into an unconditional agreement to acquire uk based junifer systems limited
* Acquisition would be approximately 10% earnings per share accretive
* Junifer is forecast to achieve revenue of £10.8m and ebitda of £4.2m in 2017 calendar year
* Gentrack has arranged a revolving debt facility of NZ$42.5m through asb bank Source text for Eikon: Further company coverage: