this is a great result for Tne. The growth is strong and the strategy is continuing to be successful. This is even more impressive given Adrian Di Marco is no longer at the helm, although his fingerprints are all over this. All of TechnologyOnes acquisitions have taken a long time to reach potential. This includes
property and rating - formerly Proclaim
payroll - formerly Tablelands Software
performance manager - formerly outcome manager
Document Management - formerly Avand
Development Planning - Formerly Icon
Strategic Asset Management - Formerly Roorda
there are others but TNE always bought the IP and then spent time integrating into their business which has always been difficult as it has a strong culture.
the strength of TNE has always been their Financials, but long term they are good at integrating new acquisitions.
TNE Price at posting:
$15.75 Sentiment: Hold Disclosure: Held
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