Cortex - Powervision

Powervision develops electronic document management and workflow management software for multiple verticals, from finance to oil and gas, throughout Canada. Powervision has been a pioneer and a leader in such solutions in the Canadian energy industry since its founding in 1992. Cortex Business Solutions is a provider of network-as-a-service e-invoicing solutions to over 11,000 customers in the oil & gas, mining, manufacturing and sports & entertainment industries. The deal will combine Cortex's e-invoicing-as-a-service technology with the expanded workflow and document management solutions offering of Powervision.

Seller:
Powervision
Canada
Buyer:
Cortex
Canada
Closed:
September 2018

quotesFrom identifying the right acquirer and positioning our company to get their attention, to completing due diligence, Corum managed the M&A process carefully yet aggressively to get a deal done. Corum was there for us throughout this entire process and I wouldn't consider any M&A activity in the future without first seeking their assistance.quotes

Warren Marshall
Cyberbranch