Q: I know both are spinoffs from CSU and involved in “vertical” software. And both have done well.
What is the difference between the 2 companies?
Do they compete against each other in any way?
Which of the 2 should have the better growth prospects?
Thanks.
What is the difference between the 2 companies?
Do they compete against each other in any way?
Which of the 2 should have the better growth prospects?
Thanks.
5i Research Answer:
Strategy is quite similar but the main difference is geographic focus, with TOI primarily targeting deals in Europe. There are different valuations in the regions. It is a tough call as to which may do better. We have leaned towards LMN recently with Europe's weaker economy, but sentiment has changed towards the region this year so it is a much closer contest now.