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SimplyBiz ditches sale and IPO plans

2094974_Stevens-Neil-SimplyBiz-2015

Support services and compliance firm SimplyBiz has shelved plans to sell the business or launch an IPO and is instead exploring alternative funding options to remain independent.

In January, SimplyBiz confirmed it was considering floating the business on the Alternative Investment Market or selling a stake in the firm to a trade buyer or private equity in a bid to raise money for future growth.

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