Sorrell said the move will help take S4 further into Asia and fits the “holy trinity” ethos of his new firm being “faster, better, cheaper” than rivals. S4 Capital announced that it is acquiring BizTech in a cash and stock deal. The deal will see the company acquire all of its outstanding shares from BizTech, which was founded by former Google executive David Krane. BizTech has annual revenues of AUD15m ($10.4m) and 90 employees in offices in Australia, Canada, Russia and Kazakhstan. Financial details were not disclosed.
S4 Capital announced that it is acquiring BizTech in a cash and stock deal. The deal will see the company acquire all of its outstanding shares from BizTech, which was founded by former Google executive David Krane. BizTech has annual revenues of AUD15m ($10.4m) and 90 employees in offices in Australia, Canada, Russia and Kazakhstan. Financial details were not disclosed.