iCompLii Company News: Acquisition and Partnerships

30th September 2016

Agreement reached for iCompLii’s first acquisition 

This week iCompLii has reached an agreement of terms with an un-named complimentary safety focused company for iCompLii, to acquire a significant interest in the operation. This is a great leap forward for both the company, who will be named in coming weeks and iCompLii, as there is a lot of common and complimentary aspects between the two companies.

Strategic Partnerships

With iCompLii starting to focus on being the collaborative silo for digital profiles, quite a few inbound enquiries are coming in for strategic partnerships that offer API access to data, work documents and onboarding information which are then restricted by permissions.

The first partnerships, that are currently being integrated with are;

• Safety Applications
• Managed finance platform
• On-boarding platforms
• Student management systems

Now that we understand what is required in strategic partnerships, iCompLii will now be accelerating discussions that are already open with;

• Regional Councils
• Contractor Management platforms
• ERP’s
• Several other SaaS platforms

Successful Pitch at Sydney event

iCompLii pitched for the third time at the wholesale investor, ASX Emerging Companies Showcase, which was held at the ASX exchange building in Sydney earlier in September. Several hundred interested parties attended the event, that had a great mix of emerging companies at varying points in their development. iCompLii either directly or indirectly received 28 expressions of interest for board or investment opportunities as a result of the event.

September update Recap.

For those that would like to re-read or recap on the most recent shareholder update released earlier this month click here

Fund raising continuing

We are currently in discussions with several investors and potential board members and still have quite a few more that we have yet to make contact with.  We are seeing some really interesting opportunities and two particularly strong board members that are interested in the direction iCompLii is moving in.

September has been one of the busiest months we have had on record, discussions with stakeholders Australia wide, discussing mergers, acquisitions, strategic partnerships and investment in iCompLii.

Agreement reached for iCompLii’s first acquisition

This week iCompLii has reached an agreement of terms with an un-named complimentary safety focused company for iCompLii, to acquire a significant interest in the operation. This is a great leap forward for both the company, who will be named in coming weeks and iCompLii, as there is a lot of common and complimentary aspects between the two companies.

Strategic Partnerships

With iCompLii starting to focus on being the collaborative silo for digital profiles, quite a few inbound enquiries are coming in for strategic partnerships that offer API access to data, work documents and onboarding information which are then restricted by permissions.

The first partnerships, that are currently being integrated with are;

• Safety Applications
• Managed finance platform
• On-boarding platforms
• Student management systems

Now that we understand what is required in strategic partnerships, iCompLii will now be accelerating discussions that are already open with;

• Regional Councils
• Contractor Management platforms
• ERP’s
• Several other SaaS platforms

Successful Pitch at Sydney event

iCompLii pitched for the third time at the wholesale investor, ASX Emerging Companies Showcase, which was held at the ASX exchange building in Sydney earlier in September. Several hundred interested parties attended the event, that had a great mix of emerging companies at varying points in their development. iCompLii either directly or indirectly received 28 expressions of interest for board or investment opportunities as a result of the event.

September update Recap.

For those that would like to re-read or recap on the most recent shareholder update released earlier this month click here

Fund raising continuing

We are currently in discussions with several investors and potential board members and still have quite a few more that we have yet to make contact with.  We are seeing some really interesting opportunities and two particularly strong board members that are interested in the direction iCompLii is moving in.