April 29, 2014
mergers and acquisitions
May 6, 2013
“DHX Media Benefits From Growth In Value Of Children’s Programming In A Digital World” is available on Seeking Alpha 0
- Analysts’ recommendation
- International agreements
- Growth of digital activities
- DHX Media Revenues breakdown (TTM)
December 18, 2012
September 26, 2012
ODESIA Group is a global technology solutions provider serving enterprise level Fortune 500 companies in the financial services, manufacturing, media and telecommunications industries. ODESIA’s team goal is to empower enterprise level companies with the ability to improve the efficiency of operations, enhance process performance, productivity and profitability, and make better overall business decisions by implementing Unified Business Intelligence solutions that present the right information, at the right time, and the right place.
The firm made the recent acquisition of Gestion Passerelle last week. Odesia also acquired this summer Interfacing Technologies. Those two acquisitions aim to bring complementary solutions to Odesia’s customers. Gestion Passerelle is a Business & IT talent networking and recruitment firm that equips corporations with experienced professionals. It has an expertise in management consulting and IT. This headhunter firm has over 14 years of experience in the management of competencies for project management and the comprehension of business processes. Gestion Passerelle was acquired for $850,000 and the issuance of 300,000 shares.
“It solidifies our recruitment and project management expertise. Thus, we will be able to offer this new expertise to all our Odesia customers, while on the other hand, the customers of Gestion Passerelle, specialized in the financial services, will have access to our technologies in Business intelligence, software and scorecards”, suggests the CEO of Odesia, Mr. Nicolas Bonnafous.
Interfacing Technologies is bringing expertise to Odesia in software for Business Process Management. It was bought for $1.5 million cash and the issuance of 4.0 million shares. “This acquisition of Interfacing represented the first step to create new innovative solutions under our Unified Business Intelligence (“UBI”) strategy”.
According to the CEO of Odesia: “Our growth in the near term will be largely driven by acquisitions. We had a $750,000 private placement this year that reinforces our balance sheet. New acquisitions will be also largely financed by the exchange of Odesia shares. In the past 5 months, the stock price has increased by around 50% from $0.21 to $0.30. The market capitalization is now at $11.4M, while we have $15 M in revenues for the last four quarters (TTM) and we are expecting around $20M in revenues at the end of 2012. Our target is to double our revenues next year. We are looking for acquisitions in some hot sectors, such as big data. We want to be a consolidator in our industry by continuing to acquire complementary assets and expertise.”
July 25, 2012
July 19, 2012
June 5, 2012
May 30, 2012
Our new article “Trailblazing Super Angel Michel Brûlé Wants Canadians to Be the Predator, Not the Prey” is available on Techvibes 0
May 29, 2012
Our new article “Venture Capital in Canada: Mergers and Acquisitions and IPOs are Quickly Surging” is available on Techvibes 0
May 28, 2012