Success Snapshot: Incognito
Challenges and Goals
Incognito Software Inc. (Incognito) is an Operations Support Systems solution business, with its products sold to communication service providers in the cable and telecommunications markets. Though the company was in a strong financial position with a solid customer base, they needed capital and an investor who could take Incognito to the next level and help them grow.
In order to sell, Stephane Bourque, CEO of Incognito, wanted a buyer who would not dismantle the company post acquisition and allow the company’s integrity to remain intact while moving the business forward with him at the helm as CEO.
The Volaris Difference
Incognito found the right buyer in Volaris Group. With the buy and hold strategy offered by Volaris, Incognito was assured that Volaris was committed for the long run. Since being acquired in 2014, Incognito has experienced some key benefits:
- An infusion of capital to pursue new growth strategies.
- Introduction of key performance indicators has helped management make accurate assessments and strengthen the business.
- The company has also gained a vast amount of operational and financial expertise from Volaris.
Feedback from the employees has been positive since the acquisition. There were no significant structural changes within the organization so business could carry on as usual. Overall, Bourque and the Incognito team felt that selling to Volaris was a positive experience and the company strongly feels that they have a bright future ahead of them.