skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. SYZ: Comments on the acquisition of Pavliks? [Sylogist Ltd.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Comments on the acquisition of Pavliks?
Purchased with cash on hand?
Has Syz issued stock in the past to raise capital for acquisitions?

Asked by Dano on October 19, 2021
5i Research Answer:

It looks like a good deal, with a price/sales valuation of barely over 1.2X, adding $9.6M revenue at 20% growth rates. It is right in SYZ's wheelhouse and should be an easy integration. Based on $38M revenue expected this year, it is fairly sizeable as well. We went back 10 years of deals, and SYZ has always paid cash (though some terms were not disclosed on smaller deals).