FNN interview with Keith Glennan November 2016 (ie after Blue Reef acquisition).
Keith clearly said Tesserent were looking "to grow by acquisition" (along with organic growth and partnerships). Keith said that Tesserent had also told the market the intended to grow by acquisition when they listed Tesserent.
Accordingly, acquisitions clearly a big part of the growth strategy up until at least the end of 2016.
Interested to see if growth by acquisition is mentioned in future FNN interviews / interviews with Keith Glennan.