Toronto, Ontario – June 5, 2019 – Quisitive Technology Solutions, Inc. (“Quisitive” or the “Company”) (TSXV: QUIS), a premier Microsoft solutions provider, today announced it has acquired Corporate Renaissance Group Inc. (“CRGroup”), a leading provider of Microsoft technology, corporate consulting, and business software and systems based in Ottawa, Ontario.
Like Quisitive, CRGroup is an award-winning Microsoft partner, recently recognized as Canada’s capital region’s #1 partner for Microsoft Dynamics solutions.? With over 4,500 customers worldwide, CRGroup has established themselves as experts in business management, financial management, management consulting and software development.
CRGroup brings a loyal customer base across both its core consulting business and SaaS offering, CRG emPerform, an enterprise-class employee performance management software solution which accounts for 30% recurring revenues.? For more than 30 years, CRGroup’s seasoned leadership team and host of talented employees have been delivering solutions in Microsoft Dynamics, Microsoft SharePoint, business intelligence, financial and costing principles and employee performance management.
“Teaming up with the CRGroup team is an important milestone in realizing Quisitive’s growth vision. CRG expands Quisitive’s geographic base throughout Canada, United States and the Caribbean and compliments our Microsoft Azure and Microsoft Office 365 cloud services by adding CRGroup’s expertise in the implementation, customization and support of Microsoft Dynamics,” said Quisitive CEO Mike Reinhart. “CRGroup also introduces a change to our business model as they have annual recurring revenue which is more predictable revenue for our shareholders. This transaction accelerates our collective opportunity to become the premier Microsoft solutions provider in North America for Microsoft business solutions and cloud innovations.”
The combination of Quisitive and CRGroup is expected to create the foundation for the Microsoft ?Partner of the Future. The collective team of business, financial, management and technology consultants create a unique value in the market for enterprise organizations looking for a consulting firm that has a deep understanding of the appropriate business applications of Microsoft cloud technology.
“We’re excited about joining forces with Quisitive,” said CRGroup president Dr. Vijay Jog. “Not only will this combination enable us to scale our Dynamics 365 enterprise performance business throughout North America, it also provides the foundation to expand our cloud service offerings by leveraging Quisitive’s Microsoft Azure and Microsoft Office 365 expertise.”? In connection with the completion of the Transaction, Dr. Jog was appointed to the board of directors of Quisitive where his worldwide consulting experience in strategy and value creation is expected to have a significant impact on the Company’s growth strategy roadmap.
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Quisitive is a premier Microsoft solutions provider that helps customers navigate the ever-changing technology climate that their business relies upon. With a legacy of innovation and deep technical expertise, Quisitive is empowering the enterprise to harness the Microsoft cloud and emerging technologies such as blockchain, artificial intelligence, machine learning, and the Internet of Things (IoT) like never before through customized solutions and first-party cloud-based products. Founded in 2016 by Mike Reinhart, Quisitive is uniquely comprised of former Microsoft leaders and technologists who share a deep understanding of market needs and the appropriate application of Microsoft cloud technology. The company’s expertise and focus are on helping industries such as financial services, manufacturing, oil and gas, and retail, drive innovation through the use of Microsoft cloud-based technologies. Quisitive serves clients across North America with offices in Dallas, TX, Denver, CO and Toronto, ON. For more information, visit https://www.Quisitive.com and follow @BeQuisitive
Since 1989, CRGroup has been delivering expert guidance and leading solutions to help improve business management and performance, consisting of a group of business, financial and technology experts helping leaders transform organizations by improving enterprise performance. With over 4,500 customers worldwide, CRGroup has established itself with expertise in business management, financial management, consulting and software development. Working with its technology partners such as Microsoft, BOARD, Adaptive Insights, Tableau and Atlassian, CRGroup delivers solutions in Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Office 365 (O365), Corporate Performance Management (CPM), Employee Performance Management (EPM) and Business Intelligence (BI). These solutions and more cover the full business spectrum, consistent with the Level 7 Framework. To learn more about CRGroup, visit https://www.dnylw.icu and follow @crgroup