Star Data To Purchase Fund Software Vendor Baycom For C$17.7M


Canadian quote vendor Star Data Systems Inc. has signed a letter of intent to acquire Baycom Inc., a Toronto-based supplier of integrated support services for the Canadian investment industry for Canadian $17.7 million in stock and cash. Officials from both companies say that the acquisition will be finalized by the middle of November.

In its new issue and secondary public offering prospectus published last June, Star Data outlined a growth through acquisition strategy (IMD, July 3). Baycom w

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: