Quisitive to be Acquired by H.I.G. Capital
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Quisitive Technology Solutions Inc. is set to be acquired by H.I.G. Capital for C$0.57 per share, representing a 57.1% premium over the 20-day average price. The total equity value of the deal is approximately C$169.1 million.
January 02, 2025 | 1:45 pm
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Quisitive Technology Solutions Inc. will be acquired by H.I.G. Capital for C$0.57 per share, a 57.1% premium over the 20-day average price, with a total equity value of C$169.1 million.
The acquisition by H.I.G. Capital at a significant premium is likely to positively impact QUISF's stock price in the short term as it reflects a strong valuation and investor confidence.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100