TORONTO, July 20, 2018 /CNW/ - Globalive Technology (TSXV:
LIVE) is pleased to announce that Brice
Scheschuk and Sarah Redford
have joined the company as Chief Merger and Acquisitions (M&A)
Officer and Chief People Officer, respectively.
Mr. Scheschuk has worked alongside Anthony Lacavera, Globalive's Founder and
Chairman for 15 years in various capacities, including as
co-founder and CFO of WIND Mobile (now Freedom Mobile) and as CEO
of Globalive Capital. He has led M&A efforts for Globalive
Communications' acquisition of Yak Communications as well as
Globalive Capital's recent acquisition of control of Flexiti
Financial. Brice is a mentor at Techstars Toronto, a member of The
Founder Institute and an associate at Creative Destruction Lab
(Atlantic).
Along with Mr. Lacavera, Mr. Scheschuk has led Globalive Capital
to become an active investor in the Canadian technology ecosystem.
Brice sits on numerous boards and is a frequent speaker on
technology, fundraising and scaling companies. "We are actively
building a funnel of M&A and investment opportunities in
specific verticals to further our mission of bringing new
technologies to legacy operations," said Mr. Scheschuk.
"Winning companies in technology will have speed-to-market and
real commercial potential as their definitive qualities," said Mr.
Lacavera. Globalive Technology's M&A opportunities and
initiatives are focused on financial services, supply chain, health
care and technology.
Sarah Redford is a passionate leader focused on improving
the performance of high-growth companies by developing and
implementing innovative human resource (HR) initiatives aligned
with business strategy. She has been an originating executive of
Avanade during its successful launch into Canada and its growth trajectory across the
country. She began her career at Deloitte and Accenture where her
accomplishments have spanned technology, consulting, research and
marketing for both the public and private sectors.
Sarah is leading Globalive Technology's people strategy and
is guiding its culture as the company continues to scale. "I am
thrilled to be part of Globalive Technology and excited by our
ambitious journey ahead. Our industry is moving at a rapid pace and
we are dedicated to building a strong culture with ingrained values
and investing in our people," said Ms. Redford.
The Globalive group of companies have received numerous best in
business awards including first-place rankings on Profit magazine's
2004 list of Canada's 100 fastest
growing companies, Canada's 30
Best Workplaces and Canada's 50
Best Managed Companies Award for 12 consecutive years.
About Globalive Technology Inc.
Globalive Technology is a next generation software company and
venture partner that is developing and investing in innovative
solutions to disrupt traditional industries using primarily AI, IoT
and blockchain technology. The company forms partnerships with
leading high growth companies to co-develop artificial intelligence
and blockchain technology stacks. It is controlled by Globalive
Capital Inc. which has founded and co-founded 12 businesses over
the past 20 years with 6 successful exits ranging from $10M to $1.3B USD.
It has also made over 100 venture investments and has over 45
technology companies in its portfolio. For more information, visit
www.globalivetech.com.
For press and media inquiries:
Rob Moysey
Communications Manager, Globalive
Media@globalivetech.com
For investor inquiries:
Laura Welsh
Account Manager, Renmark Financial Communications
InvestorRelations@globalivetech.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Exchange)
accepts responsibility for the adequacy or accuracy of this press
release.
Forward-Looking Statements
This news release contains forward-looking statements
relating to potential M&A opportunities and transactions. Such
forward-looking statements are identified by terms such as "will",
"expects" "believes", and similar expressions. All statements other
than statements of historical fact, included in this release,
including, without limitation, statements regarding the potential
M&A opportunities transactions, are forward-looking statements
that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include
competition for joint venture or acquisition targets, the Company's
inability to complete transactions with potential joint venture
partners or general economic conditions, any of which could make
acquisitions not feasible or their benefits less than expected, as
well as other risks as set out in the Filing Statement filed by the
Company on May 29, 2018 and available
on its SEDAR page at www.sedar.com.
The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company. As a result, the
Company cannot guarantee that any of the forward looking statements
contained in this press release will occur within the times
disclosed herein or at all. The reader is cautioned not to place
undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. The forward-looking statements
contained in this news release are made as of the date of this news
release and the Company will only update or revise publicly the
included forward-looking statements as expressly required by
Canadian securities law.
SOURCE Globalive Technology
