Recall on the hunt for more acquisitions

Company News

Provider of information management solutions Recall Holdings Limited (ASX:REC) has affirmed its commitment to hunting accretive acquisitions.
 
The company has increased its $800 million loan facility by $250 million to provide further funding flexibility for the ongoing expansion of its strategy. 
 
Recall says it is also exploring strategies to maximise shareholder value through alternative corporate structures, such as a real estate investment trust in the US. 
 
The company has tied up five acquisitions across the US, Australia and the UK since the start of this financial year valued at about $31 million. 
 
Recall says the acquisition pipeline continues to strengthen and is a key component of the strategy to accelerate sustainable profitable growth. 
 
Recall Holdings reported a net profit of $44.58 million in the 2014 financial year. 

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