Quisitive’s Acquisition by H.I.G. Capital Gains Proxy Support

Quisitive Technology Solutions ( (TSE:QUIS) ) has issued an announcement.

Quisitive Technology Solutions announced that two prominent independent proxy advisory firms have recommended shareholders vote in favor of its acquisition by H.I.G. Capital. The advisory firm’s report noted the acquisition offer includes a 52% premium over the unaffected closing share price, underscoring the result of a comprehensive sales process. The Quisitive board and special committee unanimously support the acquisition, urging shareholders to approve the arrangement at the upcoming virtual meeting.

More about Quisitive Technology Solutions

Quisitive Technology Solutions, Inc. is a global Microsoft partner specializing in harnessing the Microsoft cloud platform and artificial intelligence to deliver transformative results for its clients. The company assists enterprises across various industries to innovate and thrive by leveraging Microsoft’s technology.

YTD Price Performance: 3.42%

Average Trading Volume: 45,622

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $109M

See more insights into QUIS stock on TipRanks’ Stock Analysis page.