SysGroup plc (AIM:SYS) acquired Saxis Group Ltd from L Douglas for £1.8 million on December 22, 2025. A cash consideration of £1.25 million will be paid by SysGroup plc. SysGroup plc will pay an earnout/contingent payment of £0.5 million cash. As part of consideration, £1.75 million is paid towards common equity of Saxis Group Ltd.

For the period ending September 29, 2025, Saxis Group Ltd reported total revenue of £2.1 million and EBITDA of £0.5 million.
Jordan Warburton, James Whyman, Emma Burn and Nick Searle of Zeus Capital acted as nominated Adviser and Broker to SysGroup plc.

SysGroup plc (AIM:SYS) completed the acquisition of Saxis Group Ltd from L Douglas on December 22, 2025