News

News

March 3, 2022

Michel Pepin is interviewed by InvestorIntel
 

February 2, 2022

Ciscom Corp. is pleased to announce that we have signed a Share Purchase Agreement (SPA) with Prospect Media Group (PMG) on January 26, 2022. This is Ciscom’s second acquisition, and it is for 100% of all outstanding shares of PMG. www.prospectmedia.com
 
PMG is a complementary acquisition to Market Focus Direct (MFD) with 2021 revenue of ~$30M in 2021 with a healthy positive EBITDA. The growth trend continues in 2022 fueled by deeper relationships with current clients, new business and expanded products and services. PMG has been in business for 20+ years and has been reporting solid growth over the years. PMG has gone through Covid splendidly – both revenue and bottom line are up in 2020 and 2021 – year over year since 2019, and in the midst of the Covid pandemic. As PMG is not a cash intensive business and has no debt, it produces cash flows closely aligned to its profit – a great positive. It is projected that the transaction will close at the end February 2022.

October 21, 2021

Ciscom Corp. entered into an agreement to acquire a second company with current yearly revenue over $20M per year with healthy/positive cash flows and profitability. The acquisition is projected to close in February 2022.

September 1, 2021

Ciscom Corp. acquired Market Focus Direct (“MFD”). Mr. Paul Gaynor, Founder and President of MFD will continue in his role as President of MFD and has joined Ciscom’s Board of Directors.