Nasstar Plc is a leading AIM listed provider of hosted managed and cloud computing services. The consideration was just under £8M payable in cash and new Nasstar shares. Vesk is one of the largest pure play hosted desktop providers in the UK after Nasstar and has doubled in size each year for the past four years. This acquisition secures a further significant foothold in the legal sector for Nasstar with Vesk adding a further 13 law firms representing approximately 520 legal users of hosted desktop to the Group’s customer base.
Marriott Harrison advises Nasstar Plc on the acquisition of the business and assets of Vesk Virtual Destop Plc and a majority stake in Vesk for Legal Limited
Wednesday 25th November, 2015