Wilmington plc (LSE:WIL) has announced plans to acquire Conversia, a leading Spanish RegTech software provider, in a deal valued at €121.6 million. The acquisition is designed to strengthen Wilmington’s presence in the Governance, Risk, and Compliance (GRC) sector, with a particular emphasis on data privacy. By integrating Conversia’s dominant position in Spain’s regulatory compliance market, Wilmington expects to accelerate growth and expand its reach in the Spanish SME segment. The transaction, which will be funded through existing cash reserves and new debt facilities, is projected to be earnings accretive in its first year. Conversia’s subscription-based revenue model and strong growth potential are seen as key strategic advantages.
Wilmington’s high stock score is supported by strong technical indicators and a favourable valuation. Ongoing strategic acquisitions and share buyback programmes add to its market strength. While revenue has seen some decline, robust profitability and a healthy balance sheet underpin the company’s stability.
About Wilmington
Wilmington plc is a global provider of data, information, education, and training solutions for the Governance, Risk, and Compliance (GRC) markets. Listed on the London Stock Exchange, the company operates in over 120 countries and employs more than 650 people worldwide.
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