PSIM CNL Acquired By Everbridge

By John Honovich, Published Mar 09, 2020, 10:58am EDT

The end has finally come for CNL. Despite for years saying they would revolutionize the industry, they have been taken over in a footnote of a financial filing for Everbridge.

But it still is a modest outcome for the company, though far less than what they envisioned.

The bigger story is how big and formidable Everbridge has become, a company whose stock has increased 700% over the past few years.

Inside this note, we look at the outcome for CNL, the outlook for Everbridge and how Everbridge's investor success is a good comparable for Verkada.

Acquisition ********

**********'* **-* *** ************* *** **** *** a ~$** ******* ******** price:

** ******** **, ****, we ******* **** * Stock ******** ********* **** CNL ******** ******* (“***”) for * **** ************* of ************* $**.* *******.

********** ****:

** ******** *** *** its ********* ********** ****** to ******* *** *** suite ** ********* ** broaden ******* *** *** applications.

**** *** * ** 4 '****-**' ***** **** Everbridge *** **** ** the **** ****:

** ******** *********** ** April ****, *** ** August ****, ********** *** CNL ** ******** ****

CNL ******* / ****

** ******** ***'* ******* to ** ***** $** million ** **** **** able ** ****** * small ******* ********* **** UK ********* ******* *** have ******** * ****** niche ******* ******* ***** nearly *-****** *********.

************, ******, **** ~$*.* million ** **** *********** over *** *****. *******, the ******* **** **** in **** **** ** has ************ (*.*., **** recently) **** **********.

CNL ************ *********

*** **** **** *** not **** ******* *******,**** ** ********* ******* showing*** ************ ******************* **.*% *********, **** another **% ** **-******* and ********** ************* *.*% ************'* ***, ******, **** ******** *** company's ** ** *******:

Everbridge ********

********** ** * **** notification ******** ******** ** as **** ******** ********** - * '******** ***** management' *******. ***** *** video ***** ********* ***** pitch:

********* **** ********** **** has **** ********* ** CNL. *******, ***** * PSIM **** *** *** focused ** *********** ******** systems, ********** *** **** focused ** ************* **** an ************'* *********.

Everbridge ***** *******

** **** **** * years **** ***** ******, the *******'* ***** *** increased **** **** **, with * ********* ** nearly $* *******:

** **********, *** ***** Everbridge **** *** *** was **** **** *% of ***** *** *********.

Financials ** **********

********** *** * ****** growth **** ** **% CAGR *** ***** *** losses ******** ** **** as **** ***** ********** massively ** ***** *** marketing, ** **** ******* from***** ********** *****:

****** ******* ** ***** income *********, *** *******'* trading ** * ********* of *** ***** ***** appears ********.

*******, **** ********* ****** like ***** *** ******* is **** ** ** a **** ******** **** incredibly *** *****, ******* ******** **** *****:

****** *** **** ****** which ********* **** ******** that *** ***** ********* difficulties *** ******* ******, Everbridge ** ******** * SaaS ******** **** **** 4,500 *********:

Outlook *** ********** / ***

***** **** ** * minor **** *** **********, it ** * ****** safe *** ***** ***** relatively ***** ******** *** market *********.

********** *** *** *** opportunity, **** ***** ***** sales ***** ** ****** and *****-**** ***** ******** base **** ***.

Bloodworth ****** ******

***** ********** ********* **************** ** * ********* and * *********, *.*.:

***** ********** ** *** founder *** *** ** CNL ******** *** ** a ********** ********* *** has ********* *** ****** quo *** ************** *** way ******** ******** ** used. ** ** ********* recognized ** *** ** the *** ** **** influential ****** ** *** global ******** ********.

** *** *** ****, Bloodworth **** **** **** ~$20 ******* **** **** deal.

** *** *****, ** is * ****** *** and ***** *** *** a ******** (****) **** Bloodworth *** ** **** hyped ** ****.

Comparison *** *******

******* *******, ********** ** a ****** **** ********** for *******. ***** **** do *** ******* ********, Everbridge ***** **** ********* will *** * *********** premium *** * **** security ******* **** ***-*****, enabling ** ** ********** losses *** **** ***** as ** **** ** extremely ***** ***** *** marketing ************.

**** ***** ** *** type ** ******** *** outcome *** ******* ** it ***** ** ****** a ********.

Comments (11)

***** * ******* * new ****: '********', ** a ******* **** * value ** **** ** (deca) ******* *******. '*********' are $* *******, *** so **.

***** ****** ****. **** is *** **** *** trillion $ *********? *******?

********?

*****?

**** & $*.** **** get *** ** ********...

"** ** ********* ********** as *** ** *** top ** **** *********** people ** *** ****** security ********."

********** ** ****?

*****. ** ** * UK *** ***, ***** thing.

** *** *** ****, Bloodworth **** **** **** ~$20 ******* **** **** deal. ** *** *****, it ** * ****** sad *** ***** *** for * ******** (****) that ********** *** ** long ***** ** ****.

"*****" ********** ***! ** would *** "*****" "*****" or "*********" *'** **** you ****. **** "*****" would ***** ** * word ******* ** * British **** ;)

****** *** ******* **** story - * ******* missed ** ** *** ISC ******. *** * will **** **** ** the ****** ** ****'** no ****** ****** ** shows. *** **** **** the ***** * *******.

*** *** ** ********** aggressive...if **** *** **** this *** **** ******** as ** ****** ***** says ***** ** *** right ***** **** ***** indeed ** *********.

* ****** ** **** still **** ************ ** do ***-******** ************* ** well ** **** ************ - **** *** *** missing *** **. * will *** ** **** a *** ****** ***** website...

********** *** * ***** of ********* ******** **** I ***** **** ** have. *******, ***** ********** is ***** **** * can *******. ** ** just ***** **** ***** mass ************ *****!

******* ***** ********** *** stepped **** ** *** and ** *** * consultant,*** *** ********:

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