Toronto, CAD – June 7, 2024 – With Collision Conference 2024 bringing together many of the world’s best technology companies, Napkin Inc. and Canaccord Genuity Group Inc. have announced a jointly-hosted event that will offer founders a strategic and lucrative opportunity to get acquired.
The event, titled “Napkin Deals”, will take place on June 18, 2024 at Canaccord’s downtown Toronto offices. The evening will allow founders to better understand Napkin’s value proposition; to co-mingle and strategize with other founders; and to meet many of Canada’s most prominent institutional investment decision makers. The event is expected to facilitate the conclusion of Napkin’s present “batch round”, which is targeting $50m CAD in acquired revenue at its current $2.00 CAD share price.
“Napkin Deals” event invitation
This event will follow Napkin’s participation in Collision, which includes the keynote by Napkin acquisition-founder Josh Sturgeon, “Napkin Deals: Big Exits for Entrepreneurs Made Simple in 2024”. Napkin will also be hosting a booth at Collision on Tuesday, June 18, 2024.
About Napkin Inc.
Napkin is positioned as a go-public roll-up strategy, with the continued focus of acquiring $200m+ of “digital disruptors” from around the globe. All acquisitions are comprised of elite, complimentary talent that help provide end-to-end solutions across tech markets. By encouraging collaboration and concentrating on strategies for growth, Napkin fosters an environment for business owners to scale effectively and establish themselves as market leaders in the global tech-scene.
Napkin offers founders above-market purchase prices by facilitating a large portion of each transaction with “share-swaps”. Every share issued by Napkin is the same common stock, which allows founders the security of equal-opportunity at any liquidity event. As the collective grows and Napkin matures, founders will experience a further multiple on their “share swap” share price, potentially creating personal liquidity opportunities beyond what they would have otherwise been able to achieve on their own.
As Napkin grows through each set of “batch acquisitions”, investors are afforded the opportunity to buy shares back from founders, thereby providing founders with liquidity while providing investors with discounted pricing.
About Canaccord Genuity Group Inc.
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the “Company”) is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. Canaccord achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has Wealth Management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. The Company’s international capital markets division operates in North America, UK & Europe, Asia and Australia.
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX, with close to $96b CAD in AUM.
About Collision Conference 2024
Collision Conference brings together the people and companies redefining the tech industry. This conference is hosted in Toronto, Canada, and brings with it 40,000+ attendees, representing 130+ countries, including 2,000+ startups and 1,000+ investors. Speakers include prominent industry leaders, business owners, world-class athletes, and more.