RE:Raymond James raises TP to $11 USD This large acquistion will lead to more smaller acquistions which yield larger synergies.
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"QIPT anticipates the next quarter or two to be focused on Great Elm’s integration and the realization of cost synergies, but the company indicates that Great Elm’s vast geographic range (Arizona, Alaska, Iowa, Kansas, Nebraska, Oregon, and Washington) opens the door to a host of tuck-in type opportunities in mid-to-late FY23, some of which were previously passed over because of their small size and/or distance from a nearby QIPT location."