Origin Merchant Partners is pleased to announce that Dealnet Capital Corp. (TSXV:DLS) has completed the sale of Impact Mobile to IMImobile Canada Inc. (AIM:IMO), a wholly-owned subsidiary of IMImobile plc, in a transaction valued at approximately $27.5 million.
Origin Merchant Partners acted as exclusive financial advisor to Dealnet Capital Corp. with respect to this transaction.
Dealnet Capital Corp. (“Dealnet”) is a specialty finance company servicing the $20 billion Canadian home improvement finance market through both dealer-based and direct homeowner-based originations of secured finance assets.
Impact Mobile Inc. (“Impact”) is Canada’s leading provider of mobile messaging aggregation solutions. Impact’s JumpTXT® platform is a messaging infrastructure that allows its clients to reach mobile subscribers using SMS, MMS and mobile web.
Impact was founded in 2002, with offices in Toronto and New York City.
IMImobile Canada Inc. (“IMI”) is a UK-based global software and solutions company that enables organizations to use mobile and digital technologies to communicate and engage with their customers.