VerticalScope Provides Business and Acquisitions Update

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Oct 20, 2021

VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA) is pleased to provide an update today on its recent acquisition activity, M&A pipeline and business outlook. Year to date, VerticalScope has completed eleven acquisitions for total cash consideration of approximately $10 million (including approximately $5.6 million thus far in October 2021). Management expects that these acquisitions will add approximately $1.5 million of Adjusted EBITDA in 2022 before revenue or cost synergies.