The Globe and Mail reports in its Friday, Jan. 3, edition that Scotia Capital analyst Divya Goyal sees Quisitive Technology Solutions' $169.1-million agreement to be acquired by H.I.G. Capital as a "positive" move, touting the potential for the Ottawa-based company to "maximize its current potential while strengthening its future prospects as a private company." The Globe's David Leeder writes in the Eye On Equities column that accordingly, in response to Thursday's announcement, Ms. Goyal moved her rating for Quisitive to "sector perform" from "sector outperform." Her target rose to 57 cents to reflect the purchase price from 50 cents but below the 63-cent average on the Street. Ms. Goyal says in a note: "As per our estimates the proposed transaction price implies Quisitive valuation of approximately 7.5 time NTM [next one-month] EV/EBITDA against our one-year forward estimates and generates a sizable premium for Quisitive's shareholders. Given the financial nature of H.I.G. Capital, Quisitive will be added as a portfolio company to [its] technology services portfolio with current management to continue operating the business as is. The transaction has been unanimously supported by the [Quisitive] board."