Cyber Security and mobile IT solutions provider Nerds On Site Inc. (CSE: NERD) (“NERD” or the “Company”), focusing on the small and medium enterprise (SME) market in Canada and the United States, is proud to announce the conclusion of its due diligence audit of an acquisition target and the launch of NOS National Partners, a centralised corporate services team.
Mergers and acquisitions
Nerds On Site (NERDs) recently finished an extensive due diligence audit of a private USA company, in preparation for the next stage of their business expansion. Across multiple U.S. states, this company serves as a contract technology provider for local and state governments. To further on the significance of this procedure for the future of NERD, CEO Charlie Regan says, “Throughout the course of these thirty months and beyond, our two management teams have become quite familiar with one another, and we have found that our cultures are surprisingly comparable and aligned. When it comes to cyber security, managed security services, and new potential for government contracts, the synergies between NERDs’ combined talent and services are enormous and could prove to be a game changer.”
The sides want to continue negotiations toward a final agreement. We can’t say for sure that we’ll be able to complete this deal.
Source: Prnewswire
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