IBI Group Inc T.IBG.DB.E

HotSpot Acquisition

[oldinvestor64]

A strategic acquisition , in a growing space , providing reccuring revenue.
How can we determine the incremental value?
Could somebody find out the size of this outlet, i.e. stuff , revenue , etc?

[Possibleidiot01]

Here you go . From https://www.dnb.com/business-directory/company-profiles.hotspot_parking_inc.1c54ba98a21fc1aee5044988a034ba19.html Overview Doing Business As: HotSpot Parking Inc Company Description: HotSpot Parking Inc is located in Fredericton, NB, Canada and is part of the Other Personal Services Industry. HotSpot Parking Inc has 5 total employees across all

[Calgaryrider]

I think that DB information is dates. They're up to ~25 employees and may be pulling in around $5M in revenues.  Look here: https://www.datanyze.com/companies/hotspot-parking/359203916 Sure, it's not huge YET, but IBI management knows exactly how they can integrate this into their offerings (incl. high rises, condos, commercial units, municipal offerings, etc) to sustainably make

[Possibleidiot01]

I think you are right about DNB being dated. Thanks for the articles.