Published: April 28, 2026 at 9:19 am
A Manchester delivery tech firm which once raised almost $100 million in investment has been sold for £1 – and the acquirer has endured trials and tribulations of its own.
Sorted Group Holdings has joined Bristol-headquartered Huboo, which itself raised more than $150m funding but was saved from administration just before Christmas 2024 in a £9 deal.
The news comes just two years after Location Sciences completed its reverse takeover of Sorted in a £66.73 deal and it was admitted to the AIM market of the London Stock Exchange.