Sylogist acquires Pavliks, makers of The Portal Connector, for $11.5M CAD

Calgary-based software firm Sylogist has acquired The Pavlik Group, a provider of proprietary SaaS applications and professional services primarily to public sector organizations and member associations.

Sylogist acquired all the shares of Pavliks for $11.5 million (CAD). Pavliks has historical growth averaging 20% per year, according to Sylogist, with current year revenue expected at $9.4 million and Adjusted EBITDA of $1.6 million.

Pavliks is best known for "The Portal Connector" (TPC) , a solution for building customer-facing web applications that integrate with Microsoft Dynamics. It makes up a third of Pavliks's total revenue and has reportedly grown at a 40% rate in recent years. The other Pavliks business units offer development, implementation, and managed services focused on public sector and member associations.

In a statement, Sylogist explained its plans for growing TPC following the acquisition:

Sylogist plans to fast-track TPC's out-of-the-box integration beyond Microsoft databases and invest in its direct and channel sales capacity to enhance its already impressive growth. In addition, TPC presents material cross-sell and add-on platform enhancement opportunities across the entire Sylogist customer base. 

Sylogist CEO Bill Wood stated: