We are super excited to announce the sale of our Practice Management Group to MYOB (ASX:MYO).
Importantly, this division operates separately to our Business Group.
Reckon will retain Business and Legal Practice Management Divisions, which deliver circa 50% of group revenue and EBITDA, which our Reckon One, Account Hosted and Desktop solutions are a part of.
The Future is Bright
It brings some exciting opportunities for our business and yours. The move will see Reckon having renewed focus on its Business division, accelerating the company’s long-term strategy to offer small businesses with a complete suite of cloud solutions to effectively grow and succeed.
Reckon has a bold future vision, with a focus on servicing small businesses across Australia and New Zealand and their supporting advisor network.
We thank you for your loyalty and we’re very confident of great success in our continued partnership.
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