Business
Decisive Dividend Corporation Announces the Acquisition of Marketing Impact Limited
(TheNewswire) April 18, 2022 - TheNewswire - Kelowna, British Columbi...
About this update from Decisive Dividend Corp.
[{"type":"text","content":"Decisive Dividend Corporation Announces the Acquisition of Marketing Impact Limited\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n April 18, 2022 -\n \n \n TheNewswire -\n \n \n Kelowna, British Columbia -\n \n \n Decisive Dividend Corporation (TSXV:DE) (the “\n \n \n Corporation\n \n \n ” or\n“\n \n \n Decisive\n \n \n ”) is pleased to announce the acquisition of Marketing\nImpact Limited (the “Acquisition”). The Acquisition is fully\nfunded and is expected to be immediately accretive as it represents a\n19% increase relative to the Corporation’s 2021 reported sales and\nAdjusted EBITDA\n \n \n (1)\n \n \n . This Acquisition is the first completed\nby Decisive since 2019. Thus, it is an important milestone in\nexecuting on Decisive’s buy, build and hold business model,\nsupporting growth and yield for the Corporation’s investors.\n \n \n \n \n Marketing Impact Limited (“MIL”), located in the\nGreater Toronto Area, designs\n \n \n , manufactures, and\ndistributes a comprehensive range of merchandising products, systems\nand solutions for retail customers including grocery stores,\nconvenience stores, and pharmacies. It also designs and manufactures\ndisplays for consumer-packaged goods for use within those same\nchannels\n \n \n .\n \n \n \n \n MIL has a\n \n \n strong reputation for\ncustomer service, responsiveness, and innovation amongst its robust\nlist of blue-chip, well-diversified retail customers across North\nAmerica. Its design team is a leading innovator of merchandising\nsystems and\n \n \n consumer-packaged goods\n \n \n displays which is evidenced by the more than 15 patents\nissued or pending in MIL’s portfolio.\n \n \n \n \n MIL’s founders will remain on as President and Vice\nPresident respectively for one-year post-acquisition. Opportunities\nfor ongoing involvement of the founders beyond the initial period are\nin place which will continue to help drive the future growth of MIL.\nMIL has a dedicated and experienced management team that will continue\nto report into the founders, led by Alex Viloria, MIL’s General\nManager, who has extensive experience in the\n \n \n consumer-packaged goods industry across operations, sales and\nmarketing and administrative functions.\n \n \n \n \n The Acquisition is anticipated t...