Pha’s acquisitions These are the past acquisitions made that show you just how profitable each acquisition is for the company. They acquire companies at ebitda multiples between 3.13 and 4.4. These businesses have very little capex so most of the ebitda flows to the bottom line. Furthermore, they leverage their existing tech to make each acquisition more profitable and efficient than before.
Company Purchase price Ebitda
Solutions Staffing $21m $6.7m
CHCA $14.5m $3.4m
Solutions Nursing $2.7m $0.613m
Code Bleu $17m $3.9m
Their strategy will be to expand to new geographies outside of Quebec. They also operate in BC and Ontario where things are just getting started. There's plenty of room for growth with more acquisitions at cheap multiples.