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Bullboard - Stock Discussion Forum CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for... see more

TSXV:DOC - Post Discussion

CloudMD Software & Services Inc > Specifically wondering about INFOR Financial involvement
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Post by WinterBaron on Apr 29, 2024 12:32pm

Specifically wondering about INFOR Financial involvement

After spending some time looking at INFOR Financial background I am possibly dreaming, but none the less, hopeful about their involvement .

1st article is older but relates to their focus including the following:

About INFOR Financial Inc.

INFOR Financial Inc. is a leading, employee-owned Canadian independent investment bank offering advice on mergers and acquisitions, capital raises, risk management, private funds and corporate restructurings. The team at INFOR Financial has been directly involved in originating and executing over 1,800 transactions totaling more than $250 billion. Since inception, INFOR Financial Inc. has consistently been ranked as one of the top independent M&A advisors in Canada. For more information, please visit our website at www.inforfg.com/infor-financial-inc.
https://www.newswire.ca/news-releases/infor-financial-and-wellington-altus-announce-strategic-arrangement-859388126.html

2nd item is a recent Bloomberg Video with INFOR Financial CEO re: Trend in Canadian market.
No reason this couldn't be the direction for CloudMD? 

https://www.bnnbloomberg.ca/investing/video/expect-more-canadian-companies-to-go-private-soon-infor-financial-s-ceo~2896268


Expect more canadian companies to go private soon: INFOR Financial's CEO

Neil Selfe, CEO of INFOR Financial, joins BNN Bloomberg to discuss the recent trend of more Canadian companies going private than IPO'ing.



 
Comment by Honest on Apr 29, 2024 3:18pm
Hello INFOR Financial Group based out of Toronto has assisted CloudMD in the past with various divestures. I see their involvement somewhat of a positive in a rather bleak and gloomy situation. And this was not unexpected. Unless CloudMD lost a string of clients in past quarter, it has a decent revenue stream that may be of interest to few key players. And now that revenue stream is likely up for ...more  
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