Transaction Announcement - ThoughtSpeed eCommerce Ltd.

Mississauga, ON: Distinct Capital Partners Inc. is pleased to announce that it has assisted ThoughtSpeed eCommerce Ltd. with the sale of its Canadian healthcare software assets to the Canadian Pharmaceutical Distribution Network (CPDN). 

For more than 35 years, ThoughtSpeed has been pioneering proprietary software application development in the Supply Chain Management industry including the development and implementation of industry-leading, web-based SaaS (Software as a Service) eCommerce applications. CPDN is a leading Canadian pharmaceutical distribution channel leveraging its integrated distribution and technology services to over 1100 hospitals across Canada.  

Distinct Capital was engaged by ThoughtSpeed to source a potential purchaser. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with valuation, due diligence and negotiations to successfully complete the transaction.