M&A
Looking Looking for for better better yield? yield? Looking for better yield? Consider a MIC Consider a MIC Looking for better Consider a MICyield? Consider a MIC Looking for better yield? Consider a MIC
Fullscript’s Taylor Fantin, Chris Wise, Kyle Braatz and Brad Dyment. FILE PHOTO
Ottawa’s Fullscript merges with Arizona competitor
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Chief product officer Brad Dyment and chief technical officer Chris Wise will retain their positions, while the company’s chief financial officer, Taylor Fantin, will become the combined firm’s new vice-president of operations.
You are cordially invited You are cordially invited to a presentation on a Mortgage Investment Corporation areon cordially invited toYou a presentation aby Mortgage Investment Corporation opportunity presented The 6IX Capital Group Corporation. opportunity presented by The 6IX Capital Group Corporation. toYou a presentation on cordially a Mortgage Investment Corporation are invited “PUTTING CAPITAL TO WORK” opportunity presented The 6IX Capital GroupCorporation Corporation. “PUTTING CAPITAL TO WORK” to a presentation on, 2018 aby Mortgage Investment Wed., June 20 Fri., June 22 , 2018 You are cordially invited opportunity presented byCAPITAL The 6IX Fri., Capital Group Corporation. Wed., June 20 , 2018 June 22 , 2018 “PUTTING TO WORK” from 6:30– 8:30pm from 6:30– 8:30pm combined income of $125,000 in the previous two calendar years. If you’re looking for regular, predictable and secure income, or simply to diversify your portfolio, the MIC may be the ideal investment.
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to a presentation on a Mortgagefrom Investment Corporation th th from 6:30– 8:30pm 6:30– 8:30pm Wed., June 20 , 2018 Fri., June 22 , 2018 “PUTTING CAPITAL TO WORK” LA FAVORITA CABOTTOS RESTAURANT opportunity presented by The 6IX Capital Group Corporation. LA FAVORITA CABOTTOS RESTAURANT 356 Preston Hazeldean Rd., from 6:30–St.,Ottawa 8:30pm from 6:30– th th Ottawa Wed., June 20 , 2018 5816 Fri., June 228:30pm , 2018 356 Preston St.,Ottawa 5816 Hazeldean Rd., Ottawa “PUTTING CAPITALCABOTTOS TO Cocktails and appetizers willWORK” be served. LA FAVORITA RESTAURANT from 6:30– 8:30pm from 6:30– 8:30pm Cocktailsthand appetizers will be served. RSVP: 613-226-9888 or th 356 Preston St.,Ottawa 5816 Hazeldean Rd., Ottawa Wed., June 20 , 2018 Fri., June RESTAURANT 22 , 2018 LACocktails FAVORITA CABOTTOS RSVP: 613-226-9888 or email Akeylah@the6ixcapitalgroup.com and appetizers will be served. from 6:30– 8:30pm from 6:30– 8:30pm email Akeylah@the6ixcapitalgroup.com 356 Preston St.,Ottawa 5816 Hazeldean Rd., Ottawa
The presentation and offering is limited to eligible and accredited investors and is subject to the requirements RSVP: 613-226-9888 or of the Securities Act for exempt offering. LA FAVORITA CABOTTOS The presentation and offan ering is limited to eligible and accredited investors and isRESTAURANT subject to the requirements
Cocktails and appetizers will be served.
email of the Securities Act for an exempt off ering. Akeylah@the6ixcapitalgroup.com
356 Preston St.,Ottawa RSVP: 5816 Hazeldean 613-226-9888 or Rd., Ottawa
The presentation and offering is limited to eligible and accredited investors and is subject to the requirements email of the Securities Act for an exempt off ering. Akeylah@the6ixcapitalgroup.com
Cocktails and appetizers will be served.
613-226-9888 The presentation and offering is limited to eligibleRSVP: and accredited investors and isor subject to the requirements of the Securities Act for an exempt offemail ering. Akeylah@the6ixcapitalgroup.com The presentation and offering is limited to eligible and accredited investors and is subject to the requirements of the Securities Act for an exempt offering.
11 OBJ.CA
CALIAN ACQUIRES IT FIRM In other M&A news, Kanata-based Calian Group is keeping its foot on the gas pedal in its aggressive drive to grow through acquisitions, announcing earlier this month it has snapped up local IT security firm Secure Technologies. Calian chief information officer Jerry Johnston said the transaction is the latest step in the company’s strategic plan to expand its cybersecurity offerings that began when Calian acquired another local IT firm, DWP Solutions, in 2014. Terms of the deal, which closed on June 1, were not released. Johnston said the deal will boost Calian’s credibility with customers in the rapidly growing North American cybersecurity market, which is expected to reach revenues of US$53 billion by 2020, up from $24 billion three years ago. Founded in 1986, Secure Technologies employs 10 people at its office in Orleans. The privately held firm works with corporate partners such as Fortinet, McAfee, Forcepoint and Gemalto to provide cybersecurity solutions and training to clients ranging from the federal government to Fortune 500 companies. The company has annual revenues of between $6 million and $8 million, Calian said in a news release. It’s the sixth acquisition in the past six years for Calian, which has more than 2,900 employees and last month reported record revenues of $77.1 million in the second quarter of fiscal 2018. – OBJ staff
MONDAY, JUNE 18, 2018
fter seven years of exponential growth, Ottawa’s Fullscript says a merger with a U.S.-based competitor is just what the doctor ordered to ensure its future success. The local health technology firm – which topped OBJ’s list of fastest-growing companies in 2016 and 2017 – announced this month it is combining operations with Arizona-based competitor Natural Partners. The transaction is expected to be finalized in mid- to late June. Founded in 2011, Fullscript is an online dispensary for natural health products such as vitamin supplements. CEO Kyle Braatz said joining forces with Natural Partners, which has been in business for 23 years and sells more than 16,000 different products from hundreds of manufacturers, will allow both companies to speed up growth and provide a wider range of products and services to customers. “This industry needs to evolve and mature, and we need to grow the pie and be a big pioneer in that,” Braatz told OBJ. “When we looked at the two (companies) together, it accelerated both of our plans almost two years. It was really one of those ones where one plus one equals four. It became a no-brainer to bring these two together.” Though it’s a young company, the firm that was originally backed by a “few million” dollars in angel funding now employs about 100 people at its downtown headquarters near Elgin Street. The newly merged company, which will be known as Natural Partners Fullscript, will be based in Scottsdale, while Fullscript’s operations will become its Canadian headquarters. Natural Partners CEO Fran Towey will head the firm, with Braatz assuming the role of president. Other key Fullscript executives are expected to see few changes in their roles.
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