AdvancedAdvT Limited (LSE:ADVT) agreed to acquire Five software businesses of Capita plc from Capita plc (LSE:CPI) for enterprise value of approximately £33 million on June 8, 2023. The transaction will be funded by the Company's cash reserves. The Acquisitions are subject to and conditional upon National Security and Investment Act approval. Deloitte UK is advising Capita plc (LSE:CPI) on this transaction. Kk Advisory Ltd acted as financial advisor to AdvancedAdvT.

AdvancedAdvT Limited (LSE:ADVT) completed the acquisition of Five software businesses of Capita plc from Capita plc (LSE:CPI) on August 1, 2023.