Sage makes fourth acquisition

Riverside Company-backed Sage Holdings, an international communications company, has acquired Capital Precision, a London-based provider of capital markets intelligence.

The deal marks the fourth bolt-on for Sage and the second in 2008, having earlier this year acquired Swedish corporate communications and web services firm Hallvarsson & Halvarson in an all-equity deal. Sage Holdings was founded in 2007 with private equity backing from The Riverside Company and it made its first acquisitions in February 2008, when it purchased M: Communications and D.F. King & Co.

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