Day: June 11, 2024

HEALWELL enters into an agreement to acquire VeroSource Solutions Inc. and its end-to-end, customizable, cloud-based platform that enables patients, care providers and administrators to seamlessly access and interact with healthcare data. VeroSource currently serves five provincial health clients and is expected to generate over $8 million in revenues in 2024 with an expected EBITDA1 margin of over 10%. Historically, VeroSource has achieved a 3-year revenue CAGR2 of 30% and higher than 80% gross margins and has consistently produced positive EBITDA1 and cashflows. Over 70% of its sales are recurring revenue. The transaction is expected to be financially and strategically accretive as VeroSource provides data products, insights and services to large enterprises such as Canadian provincial healthcare systems. VeroSource’s products are expected...

The North American Leader in Technology-Enabled Water Solutions Welcomes ISG Partner Companies Mr. Rehab LLC, Green Mountain Pipeline Services LLC and Inland Waters LLC to its Portfolio ST. LOUIS, June 11, 2024 (GLOBE NEWSWIRE) — Azuria Corporation, a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Infrastructure Services Group (ISG) LLC, a firm that acquires and funds private companies that specialize in inspection, repair and rehabilitation of water and wastewater infrastructure systems. The acquisition includes the purchase of ISG partner companies, including Mr. Rehab, Green Mountain Pipeline Services, and Inland Waters. “Azuria has enjoyed a long relationship with Mr. Rehab, Green Mountain and Inland Waters,” said Rob Tullman, President...

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the “Company” or “PTF”) today announces that one of its significant investees, Copperleaf Technologies Inc. (TSX:CPLF) (“Copperleaf”), has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Industrial and Financial Systems, IFS AB (“IFS”), pursuant to which IFS has agreed to indirectly acquire all of the issued and outstanding common shares of Copperleaf (the “Copperleaf Shares”) for $12.00 in cash per Copperleaf Share (the “Copperleaf Transaction”). The Company owns 6,739,883 Copperleaf Shares and its NAV as at May 31, 2024 was $11.9164 per common share based on a price per Copperleaf Share of $8.30 and based on its 7,286,129 shares outstanding. The Company is subject to a 15% performance fee on gains...

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree LOK’N STORE GROUP PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...