Bluedrop wraps up $1 mln purchase of ComVest-backed Atlantis Systems
Bluedrop Performance Learning Inc (TSX Venture: BPL) has completed its acquisition of Atlantis Systems Corp (NEX:AIQ.H) for $1 million. U.S. private equity firm ComVest Partners was the controlling shareholder of Atlantis Systems, a Dartmouth, Nova Scotia-based provider of technical training solutions for the military, commercial aviation sectors and energy markets. ComVest made equity and debt investments in the company in 2011. Bluedrop, an Ottawa-based workplace training provider, obtained funding for the transaction from Canadian specialty financial services firm Difference Capital Financial.
2 January 2014•6 mins read
