eResearch

NEW UPDATE REPORT – Strategic Merger Between DCM and RRD Canada Sparks Industry Consolidation with Beneficial Synergies

March 10, 2023 Chris Thompson

We have written a 10-page Update Report on DATA Communications Management(DCM), a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The update report provides highlights of the Company’s recent announcements to acquire RRD Canada and preliminary full-year financial results for 2022 with revenue in the range of $270 million to $274 million, a 15% to 16.5% increase compared with 2021. [more]

Thoma Bravo to acquire Magnetic Forensics

Thoma Bravo Acquires Magnet Forensics for $1.8 Billion to Consolidate the Digital Forensics Industry

January 23, 2023 Chris Thompson

Thoma Bravo, a leading private equity investment firm, has acquired Magnet Forensics, a leading provider of digital forensics solutions, for $1.8B. Magnet Forensics’ solutions are designed to help investigators and forensic professionals quickly and accurately recover digital evidence from computers, mobile devices, cloud services, and other sources. After the completion of the transaction, Thoma Bravo intends to combine Magnet Forensics with Grayshift to create a powerful end-to-end digital investigations platform. [more]

Foodtastic to Acquire Healthy-Food Restaurant Freshii for $74.4 Million

December 23, 2022 Chris Thompson

Foodtastic announced that it has entered into an agreement to acquire Freshii Inc. (TSX:FRII) . Under the terms of the agreement, Foodtastic will purchase all of Freshii’s shares for $2.30 in cash per share, totaling approximately $74.4 million. This price represents a premium of 148% over Freshii’s 20-day volume-weighted average price per share as of December 16, 2022, and a 142% premium over the closing price on the same date. [more]

Enghouse to Acquire Video Technology Platform Qumu in All-Cash Offer

December 21, 2022 Chris Thompson

Enghouse Systems, a global provider of enterprise software solutions, announced that it has reached an all-cash agreement to acquire Qumu Corporation, a provider of cloud-based enterprise video technology, for US$18.0 million. The offer price represents a premium of approximately 105% over the closing price of Qumu on December 16, 2022. [more]

2022-12-03 Datable - Q3 and Merger - video

VIDEO: Chris Thompson of eResearch talks about Datable’s Continued Revenue Growth in Q3 and Transformative Deal

December 3, 2022 Chris Thompson

In this short video, Chris Thompson of eResearch talks about Datable’s continued revenue growth and transformative deal and eResearch’s 19-page Equity Research Report that covers an in-depth analysis of the company, a detailed overview of its Q3/2022 financial results, and its merger with Local Marketing Solutions Group. [more]

UPDATE REPORT – Datable – Revenue Continues to Grow Y/Y but Focus Remains on Transformative Deal

November 26, 2022 Chris Thompson

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. On September 30, Datable announced that it signed an LOI to acquire LMSG for $14.35M in an all-stock deal at a deemed share price of $0.05 that valued LMSG at approx. 1.0x 2022E revenue. The combined company is expected to have pro-forma 2022 consolidated revenue of over $18 million with positive EBITDA in 2023. [more]

Leafly to Go Public in a $532M SPAC Deal

September 2, 2021 Chris Thompson

The cannabis company, Leafly Holdings has announced to go public in a SPAC deal with Merida Merger Corp. I, a company sponsored by Merida Capital Holdings. The deal is expected to raise up to $161.5M in cash and should help Leafly expand its business in newly legalized markets. [more]

Deals/IPOs/M&A