Diversified technology holding company, Alpine 4 Technologies Ltd (OTCMKTS:ALPP) is continuing to make acquisitions after beginning 2021 with a strong portfolio. The Arizona-based group company takes over businesses fitting the “disruptive DSF” business model: Drivers, Stabilizers, and Facilitators.
Drivers are firms that it believes will witness growth, with significant upside potential for revenue generation and market share. The company’s subsidiary, ALTIA, is operating in a $9 billion market space. Stabilizers are firms having customers as well as give solid net profit returns whereas Facilitators like subsidiary Quality Circuit Assembly have synergistic relevance to the first two categories.
Specifically, the firm is keen on how new technologies can drive innovation. One of the examples of this is the development of the firm’s Blockchain-enabled Enterprise Business Operating System called SPECTRUMebos.
The company’s overall strategy focuses on existing middle-market as well as smaller companies having revenues of $5 million to $50 million with every business retaining leadership.
CEO Kent Wilson has been the driving force since 2014 and its team comprises of executives with vast experience in finance and operations.
CEO Kent Wilson had informed shareholders as well as employees in May that the firm is becoming a dominant player in a number of indices. The company started changing gears in January when the company met the requirement of a $170 million S3 shelf registration statement with the US Securities and Exchange Commission, which is typically reserved for larger companies.
Earlier, it also raised $54 million in cash with five institutional investment groups.
Market Reaction:
On Thursday, ALPP stock ended flat at $2.28 with more than 215k shares, compared to its average volume of 404K shares.
