OneSoft Solutions Inc. Price & Performance (OSSIF)

Irth Solutions LLC, backed by Blackstone, has completed its acquisition of OneSoft Solutions Inc., a Canadian SaaS provider for pipeline integrity management. This move follows regulatory approvals and a shareholder vote, marking a significant exit for OneSoft, which had reported strong revenue growth prior to the deal.12

OneSoft Solutions shareholders have approved the company’s arrangement to be acquired by Irth Solutions. The decision comes after a year of robust performance, with OneSoft’s 2023 revenues increasing by over 50%. The acquisition is expected to bolster Irth’s position in the pipeline software market.23

Following the finalized merger with Irth Solutions, OneSoft Solutions Inc. has been delisted from the public markets. The company’s shares last traded at $0.87 on the TSXV, with a market cap of C$106 million. Investors are now awaiting further updates regarding integration and future strategy.24