Tribe Property Technologies (TSE:TRBE) has released an update.
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Tribe Property Technologies is set to significantly amplify its market presence by acquiring DMSI Holdings, a Toronto-based firm with a positive financial standing, which will boost Tribe’s revenue run-rate to over $31 million and enhance its stature as a major player in Canada’s rental and commercial property management sector. To fund the acquisition, Tribe is initiating a private placement of up to $3.5 million, backed by the esteemed PROPELR Growth Fund, consolidating their national reach and digital property management services.
For further insights into TSE:TRBE stock, check out TipRanks’ Stock Analysis page.
