12:11:30 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Avante Logixx Inc
Symbol XX
Shares Issued 75,654,156
Close 2015-03-31 C$ 0.38
Market Cap C$ 28,748,579
Recent Sedar Documents

Avante Logixx completes acquisition of LVS

2015-04-01 12:40 ET - News Release

Mr. George Rossolatos reports

AVANTE LOGIXX INC. ANNOUNCES CLOSING OF LVS INC. SHARE PURCHASE AGREEMENT

Avante Logixx Inc. has closed its previously announced acquisition of all of the issued and outstanding shares of LVS Inc. pursuant to a share purchase agreement dated March 13, 2015. Based in the Greater Toronto Area, and founded in 1993 as a high-end custom residential security and automation services integrator, LVS developed a specialized skill set in high-end residential installations and later a commercial security capability. LVS generates over $2.8-million in revenue annually, of which approximately one-third is recurring in nature. The founder of LVS, Yoram Dushek, will act as president of LVS pursuant to an employment agreement, and continue to drive strategy and execution.

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