Enprise Group was listed on the New Zealand Stock Exchange Alternative Market (NZAX) on December 1.
Shares were listed on the NZAX board of the New Zealand Securities Exchange (NZX) under the code ENS. They opened at 32 cents, peaked at 60 cents and closed on 55 cents.
Enprise Group consists of three operating divisions, Enprise Solutions, Enprise Software and Datagate Innovation Ltd.
“At this time we own three software businesses that provide world-class financial and business management solutions to medium sized businesses in New Zealand, Australia and around the world,” says Mark Loveys, Enprise Group, CEO.
As a compliance listing with the NZAX, Enprise is not issuing new shares to the market, and Loveys says he has no intention of selling his shares now or in ‘the forseeable future’.
“Thus we offer an opportunity for all existing Enprise Group shareholders to trade their shares and for New Zealand investors to join us on our way into a prosperous future,” says Loveys.
“We have some success stories behind us – where we created software businesses and solutions that we grew and sold to larger international companies. In all we have created value for our customers, partners, staff and shareholders,” he says.
Enprise developed and sold the EMS Cortex cloud ‘provisioning’ software, which was sold to Citrix in February 2011 for a reported $18 million. Datasquirt is the call centre software product that was sold to LiveOps, the Californian call centre provider, in November 2011 for $16.4 million - a sale which helped Enprise list on the NSX.
The Exonet ERP business software solution, which is known known as MYOB EXO, is the most widely installed software among mid-sized companies across Australia and New Zealand.
“Going forward we are in the business of creating many more business successes by utilizing the talented and creative people we have in New Zealand and Australia. Taking our software and services to the world and to our own home markets in New Zealand and Australia,” he says.
“We have exciting new cloud and mobile software solutions lined up for 2015. Watch this space,” says Loveys. “We are looking for long-term investors to join us on this new journey. Today is a great time to get on board.”
Loveys says Enprise Group has a strong, long-standing strategic partnerships with MYOB, SAP and Microsoft.