Asure Software to Sell Workspace Management Business to FM:Systems for $120 Million
Asure Software Inc (ASUR)
Last asure software inc earnings: 3/12 04:01 pm
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Source: GlobeNewswire
AUSTIN, Texas, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Asure Software (NASDAQ:ASUR), the leading provider of dynamic cloud-based solutions that elevate how, when and where work gets done, today announced that it has entered into an agreement to sell its Workspace Management business to FM:Systems in an asset and equity transaction valued at $120 million. This transaction enables Asure to focus on and continue to deliver its award-winning Human Capital Management (HCM) solutions to small and midsize businesses. The transaction is expected to close in approximately 45 to 60 days, subject to customary closing conditions. The sale of the Workspace Management business provides both Asure Software and FM:Systems with immediate opportunities to focus on key strategies and scale their respective businesses. “This strategic move allows Asure to be laser-focused on our HCM business,” said Pat Goepel, CEO of Asure Software. “Most importantly, it allows us to accelerate innovation in our pa
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ASUR
News
- Asure Software Sets November and December 2024 Investor Conference ScheduleGlobeNewswire
- Asure Software Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Asure Software, Inc. (NASDAQ: ASUR) had its price target lowered by analysts at Northland Securities from $16.00 to $12.50. They now have an "outperform" rating on the stock.MarketBeat
- Asure Software, Inc. (NASDAQ: ASUR) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.MarketBeat
- Asure Announces Third Quarter 2024 ResultsGlobeNewswire
ASUR
Earnings
- 10/31/24 - Miss
ASUR
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 10/31/24 - Form 10-Q
- ASUR's page on the SEC website