red24 (AIM:REDT) - acquisition of corporate investigation specialist
The AIM quoted crisis assistance company has announced the acquisition in the area of corporate investigations, business intelligence and bribery act compliance – FIFA watch out!
Singapore based RISQ Worldwide Pte. Ltd. Is being acquired for an initial consideration of approximately £267,000 and up to a further £485,000 depending on the financial performance of RISQ Worldwide during the years ended 30 June 2016 and 30 June 2017. RISQ has been established for 8 years, with offices in Singapore and Hong Kong and specialises in corporate investigations, business intelligence, employment background screening and bribery act compliance as well as risk solutions for high net worth individuals. Michael Haughey who heads RISQ Worldwide will head the red24 business in Asia and the global corporate investigations practice. For the…