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WEP Solutions executes SPA to acquire 100% stake in eRM

14 Jul 2015 Evaluate

WEP Solutions has executed a Share Purchase Agreement (SPA) for acquiring 100% of equity shares of eRM Solutions (eRM), a company focused on Document Management Solutions and having developed proprietary software in this domain.

The company will be acquiring the equity at a consideration of Rs 81 lakh at par and will take over the management of eRM upon completion of the transaction. eRM will function as a subsidiary of WeP Solutions.

WEP Solutions is a leading provider of Computer Hardware and Peripherals.


Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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