CombinedX: Adding MSFT CRM Expertise - Redeye

Redeye takes a positive stance towards CombinedX's acquisition of the Microsoft-focused CRM specialist Absfront. The acquisition fits well with CombinedX’s strategy, the target has a strong financial track record, and the valuation multiple is attractive. While we like the acquisition, following two soft quarters since its listing early 2022, upcoming quarterly reports remain key to the investment case.

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