Tax Computer Systems
25th July 2021
Eco City Vehicles PLC (AIM: ECV) is pleased to announce that it has agreed to acquire Tax Computer Systems Limited (“TCS”), a leading supplier of corporation tax software to the large corporate sector and the accounting profession in the UK and Ireland, for an enterprise value of £73 million. The Company has also conditionally raised £45 million by way of an oversubscribed placing of New Ordinary Shares.
