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IBI Group Inc T.IBG.DB.E

IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land surveying, highway and road design, and indigenous engagement and relations. The Company¿s services also include interiors, land use planning, landscape architecture, mechanical engineering, municipal infrastructure, operations and maintenance, parametric design, placemaking, planning and urban design, public outreach, research and development, software development, systems engineering, traffic engineering, transit planning, transportation engineering, visualization, water resources management, and water/wastewater. The Company has over 60 offices in major urban centers across the globe.


TSX:IBG.DB.E - Post by User

Post by Calgaryrideron Nov 08, 2020 4:58pm
212 Views
Post# 31859886

Conference call Notes on acquisitions...

Conference call Notes on acquisitions...

Mona Nazir

Perfect. No, that's great. And I understand on the technology side the acquisitions that you did mention Aspyr GreenOwl and even SWTCH are important strategically and financially, but just thinking about a meaningful target. I'm just wondering if we could see something in kind of the $30 million $40 million $50 million range or is it going to be kind of smaller medium-sized targets?

Scott Stewart

In the technology field?

Mona Nazir

Anything. Yes, -- either technology or even on the infrastructure side.

Scott Stewart

It could be bigger. Certainly, when you're looking at the more traditional sectors there are a number of firms that would be logical additions to IBI that would be of a more significant scale than say Aspyr and GreenOwl. Yes, -- and those are in play.

I mean what we're really concerned about though and focused on is those organizations where we see value opportunities. It's not about doing an acquisition for the sake of doing an acquisition and the accretiveness immediately but it -- strategically how does it tie into the theme of IBI.

 

And so yes, we're looking at them. We're interested. We're not limited by COVID. But we're going to be very selective in making sure that the things that we do pursue are the right kind of addition for IBI.

 
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