Daniel Hischman's questions to Asure Software Inc (ASUR) leadership • Q1 2025
Question
Daniel Hischman, on behalf of Jeff Van Rhee, asked for confirmation of the number of Q1 acquisitions and how the new credit facility impacts the M&A cadence and appetite.
Answer
CEO Patrick Goepel confirmed two acquisitions were completed in the first quarter and stated he expects the M&A cadence to ramp up in the second half of the year. CFO John Pence added that the new credit facility, with $20 million drawn at close and expandable to $60 million, was put in place to give Asure the flexibility to 'go quicker, not slower' on acquisitions.