FINAL CALL – Synapse Clearview Deal Set to Close Funding Round

Home > investors > FINAL CALL – Synapse Clearview Deal Set to Close Funding Round

The Synapse acquisition of Clearview is in its closing stages, with the deal set to be done before the end of the month.

Being a SaaS (Software as a Service) model, Management believes the deal will mark a significant increase in valuation of circa 2-3x, giving new shareholders maximum value in a very short space of time.

The deal means Synapse will add another 45 long-term blue-chip customers to its business, tripling its current client-base, doubling existing revenues and reducing overhead by circa £200k per annum.

With revenues of over £6 million since 2014, Synapse has created and is successfully selling a scalable SaaS product, which allows large companies to use their existing financial reporting systems, whilst automating report production – reducing operational costs, and improving data quality.

Synapse Founder and CEO, Brian Donnelly, believes the acquisition of Clearview will fast-track the company’s plans to scale and attract Series A funding later this year.

A small number of shares are still available for Synapse, but the imminent Clearview deal will end the current funding round by the end of this month and mark a clear uplift in the current valuation.

To learn more about Synapse, or if you wish to invest, please click here.

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