Sword Group Acquisition of CTSpace

This acquisition is expected to bring a new dimension to CTSpace who will benefit greatly from Sword Group's established international presence and proven experience of providing high added-value technology solutions to a world-wide customer base.

We anticipate that this move will underpin the future growth of CTSpace and build upon our success over the past few years. CTSpace will be able to utilise the Group's resources to accelerate its product roadmap and maximise its geographic reach through the Group's vast international experience and track record of technical expertise in 'best of breed' IT solutions. 

Aligning ourselves with Sword will give us the opportunity to leverage the Group's presence into new geographical markets and support our clients' multi-national interests. 

Additionally, the acquisition will enhance Sword's range of offerings to the Group's existing markets and clients. As a leader in this field, we will also provide Sword with the opportunity to review its hosted and licensed software offerings to see where else within the Group a SaaS delivery model may be applicable.

Sword's acquisitions are always designed to augment the Group's existing market sectors, and they have consistently demonstrated stability in its continued growth through well-proven financial governance.

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