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Category Archives: Asset Sales

Clare Capital advises COMSMART on its sale to Fortlock Holdings

Clare Capital is pleased to announce it advised COMSMART on its sale to Fortlock Holdings.

COMSMART is an IT services company based in Wellington (NZ). It services include:

  • Consulting – business and data analysis, performance monitoring, roadmap planning.
  • Professional Services – design, architecture, project management, implementations, site audits and project work.
  • Managed Services – maintenance and support through Service Level Agreements and T&M based Service Desk support.
  • Product Sales – hardware and software sales to regular customers as well as the general public.
  • Recruitment – sourcing the right people for customer’s internal IT resource requirements.

This is the fifth deal Clare Capital has completed in the last twelve months.

A copy of the Press Release can be found here: http://www.scoop.co.nz/stories/BU1711/S00884/fortlock-group-acquires-comsmart.htm

What is a share price

If you ask the simple question of “what is a share price?” – many people struggle to answer. People will have an opinion on whether the share price of Telecom or Air NZ is too low or too high – but they can’t answer the simple question of “why?”. I usually get an answer about assets – but nothing very specific.

So how does (or should) an investment banker think about the value of a business?

I am going to use a minimum of jargon here – I promise. Please see the glossary page for some definitions of valuation terminology, why various terms are used and more information about the valuation methodology.

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