Webline is the latest name linked to outsourcing giant Capita, which has just announced it is buying the business quotes provider for an undisclosed sum.
Paul Holland, executive chairman of Webline, suggests the deal does include an element intended to ensure the current team remains in place, although he does not detail whether this means a management lock-in or target for triggering further payments. He says the deal is good for Webline in that it brings Capita's financial clout to the table, yet will not result in Webline being changed as a business. For example, Webline's relationships with third-party industry suppliers will remain. "We're not planning to sever ties or compromise relationships," Holland says. Of interest will be Web...
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