White Pearl Technology Group AB (OM:WPTG B) enters into an agreement to acquire a 51% stake in Independent Software Solutions Consulting Pty Ltd on July 12, 2023. The year ending May 2023, ISSC revenue amounted to approximately SEK 23.5 million. Emil Henrico and his team will continue leading the ISSC and current executive and management team will remain in place.

The acquisition is subject to WPTG concluding a due diligence of ISSC?s business, including regulatory approvals, and is expected to be completed within 30 days.