Deal gives Ottawa company instant access to the European market, boosting its customer base and beefing up its service offerings.
Martello Technologies CEO John Proctor tells OBJ there's already another acquisition in the pipeline
Martello will soon begin trading on the TSX-V under the symbol MTLO
CEO John Proctor says the public listing, alongside a multimillion-dollar private placement round, will fuel an "aggressive growth strategy" for the firm
The firm is looking at a potential initial public offering in 2018.
Kanata-based Martello Technologies is one of Ottawa’s fastest-growing companies, leading local firms on last year’s Profit 500 list of Canada’s rising firms.
Outgoing CEO Bruce Linton will remain active within the firm and become Martello’s co-chairman of the board alongside Terry Matthews.