Class Limited (ASX:CL1) agreed to acquire Topdocs Pty Ltd for an enterprise value of AUD 13 million on August 17, 2021. Under terms of consideration AUD 11.7 million will be paid in cash and remaining AUD 1.3 million will be paid in class shares escrowed for 18 months. Class will utilize existing funds to finance part of the purchase price. Upon completion Topdocs customers transition onto the NowInfinity platform, with further integrations available across the entire Class portfolio of products. The expected closing of the deal is September 1, 2021. Class Limited (ASX:CL1) completed the acquisition of Topdocs Pty Ltd on September 1, 2021.