PriceSensitive

Avante (TSXV:XX) acquires C&B Alarms Ltd.

Industrial, Market News
TSXV:XX
14 December 2022 08:30 (EDT)

Source: Avante Logixx Inc.

Avante Logixx (XX) has completed the acquisition of the business and assets of C&B Alarms Limited.

Avante Logixx executed the transaction through its wholly-owned subsidiary, Avante Security Inc.

The acquisition was done for an aggregate purchase price of approximately $575,000.

“As we have previously indicated, the C&B acquisition complements our existing client footprint in the Muskoka region and confirms our commitment to expanding Avante’s residential security business,” stated President and CEO Manny Mouchouchos.

“We look forward to serving the C&B clients as customers of Avante,” he added.

Avante Logixx Inc. is a Toronto-based provider of high-end security services. The company acquires, manages and builds industry-leading businesses which provide specialized, mission-critical solutions that address the needs of its customers.

Avante Logixx Inc. opened trading at $0.68.


Related News