31/05/2021

Dye & Durham Announces that Following Indication of Interest from Management to Acquire the Company it is Commencing Strategic Process

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Dye & Durham announced today that, following an indication of interest from a shareholder group led by management to acquire the Company, its board of directors has commenced a process to explore  and  evaluate  potential  strategic  alternatives  focused on maximizing shareholder value. The indication of interest would result in Dye & Durham being taken private at an approximate 23% premium to the current market value, being a per share value of $50.50.

The strategic process will be led by a newly formed special committee of independent directors, and is fully supported by the Company’s management team. The alternatives to be explored in connection with the strategic process could include, among other things, the sale  of  part  or  all  of  the  Company,  a  sale  of  some  of  the  assets  of  the  Company,  a  merger  or  other business combination with another party, or other strategic transactions.

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21/02/2025
Press Releases

Dye & Durham Announces Leadership Updates

–  Appoints Sid Singh, an Experienced Technology Executive, as Interim CEO –  Appoints Arnaud Ajdler as Chair of the Board TORONTO, Feb. 21, 2025 /CNW/ – Dye & Durham Limited (“Dye & Durham” or…

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13/02/2025
Press Releases

Dye & Durham Reports Second Quarter Fiscal 2025 Financial Results

Revenue up 10% to $121 million in Q2 FY2025 in line with guidance Annual Recurring Revenue (“ARR”)1,2 up 36% as compared to prior period, representing 34% of total revenue Toronto,…

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03/02/2025
Press Releases

Dye & Durham to Host Second Quarter Fiscal 2025 Conference Call

ORONTO, Feb. 3, 2025 /CNW/ – Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company”), today announced that it will hold a conference call to discuss its second quarter fiscal 2025…

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05/12/2024
Press Releases

Dye & Durham Partners with Robin AI to Enhance Customer Experience with Cutting-Edge AI Solutions in Unity

Robin AI and Dye & Durham to launch AI powered Unity Contract Draft and Review, and roll it out to Dye & Durham’s extensive customer-base in early 2025 Through internal built solutions…

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28/11/2024
Press Releases

Dye & Durham Forecasts Record Setting Quarter & Announces Upcoming Investor Briefing

$120-125 million Q2 FY2025 guidance range for revenue versus $110 million in Q2 FY2024 6-10% expected Organic Revenue Growth1,3 rate in Q2 FY2025 versus 2.8% in Q2 FY2024 Results are trending for the Company’s best quarterly revenue1 performance ever – clear…

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22/11/2024
News

Dye & Durham Announces a Decrease in Interest Rate Spread as a Result of Strong Business Performance

Interest rate spread on Company’s senior secured Term Loan B Facility decreased by 25bps to 4.00% Reduction in interest rate spread is a result of a lower Net Debt-to-Adjusted EBITDA ratio,…

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07/11/2024
Press Releases

Dye & Durham Comments on Competition Bureau Investigation

TORONTO, Nov. 7, 2024 /CNW/ – Dye & Durham Limited (the “Company” or “Dye & Durham“) (TSX: DND) today commented on the Competition Bureau’s (the “Bureau”) investigation into the Company’s position in the…

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07/11/2024
Press Releases

Dye & Durham Reports First Quarter Fiscal 2025 Financial Results

Revenue up 5% to $120 million in Q1 FY2025, taking into consideration the TM Group divestiture  ARR1,2 up 43% to $156 million, representing 32% of total revenue Leveraged Free Cash Flow1 of $28 million and net cash…

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31/10/2024
Press Releases

Dye & Durham to Host First Quarter Fiscal 2025 Conference Call

TORONTO, Oct. 31, 2024 /CNW/ – Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company”), one of the world’s largest providers of cloud-based legal practice management software designed to make managing…

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17/10/2024
Press Releases

Dye & Durham Surpasses $150 Million in Annual Recurring Revenue

ARR has now surpassed $150 million on an annualized basis, up approximately 40% in just over one year ARR achievement is a result of strong execution and delivering on go-to-market strategy as…

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24/09/2024
News

Dye & Durham Announces Early Debt Repayment of $20.3 Million as a Result of Strong Free Cash Flow Generation

Company to repay $20.3 million of principal outstanding on senior secured Term Loan B Facility Management is strongly committed to reducing its net leverage ratio Toronto, Ontario – September 24,…

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04/09/2024
Press Releases

Dye & Durham Reports Fourth Quarter and Year End Fiscal 2024 Financial Results

Revenue up 15% to $120 million in Q4 FY2024 and up 14% to $452 million for FY2024, taking into consideration the TM Group divestiture Leveraged free cash flow1 of $32 million…

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