"STG is SOSi’s third and largest acquisition since 2016, and the two companies, together, employ 1,300 employees worldwide."
That's from the press release, dated today.
OK, yippee so far. SOSi bought New World Solutions back in 2016, and
bought Defense Group Inc. last year. PRs for both deals claim 'terms were undisclosed.'
Looks like SOSi is a privately held company, and what they paid for the prior 2 acquisitions is not readily available. Anyone that can find out
what they paid for either of those deals, please help us out!
Is it reasonable to think that they paid any less than $3 per share, or
around $50 million? With the current contracts STG has, that number would
be insulting, regardless of the current debt & joke market cap, all in my opinion.
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