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Bullboard - Stock Discussion Forum Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with... see more

TSX:CTS - Post Discussion

Converge Technology Solutions Corp > NO DETAILS on the purchase
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Post by woody999 on Oct 04, 2021 7:55pm

NO DETAILS on the purchase

No wonder it dropped so much . It was waaaaaay overpriced to begin with...........How much did theyOVER PAY and WHAT did they get?
Comment by AhSocks77 on Oct 04, 2021 9:32pm
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Comment by jimitwist on Oct 04, 2021 10:21pm
Purchase price. Paid $9 milion, possible $3 million more if ebita targets are met, trailing 12 months revenue $17 million, $2 million ebita
Comment by AhSocks77 on Oct 04, 2021 10:35pm
This post has been removed in accordance with Community Policy
Comment by Bookworm28 on Oct 05, 2021 9:48am
Good info, thanks. Looks like a small acquisition with good potential. I don't have any probs with the numbers. Still think there's a large acquisition in Europe that's in the works.
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