Montreal, 26th October 2022: WTA Partners Inc, the North American division of specialist technology merger and acquisition (“M&A”) specialist WTA Partners is proud to announce their appointment by XMachina AI Group Inc to advise on buy-side activity in the artificial intelligence sector. In addition, Nick Nardi, managing partner of WTA Partners Inc, has been appointed by XMachina to head their newly created advisory board. Nick will assist with the ambitious acquisition plan of the XMachina team.
XMachina, based in Montreal, acquires promising early to mid-stage AI companies, allowing its investors to benefit from additional value creation. These companies are then provided with the human and financial capital they require to achieve enduring growth.
Claude G. Theoret, CEO of XMachina AI Group Inc, remarked:
“We are fortunate to welcome Nick Nardi to the head of our Advisory Board. Nick brings a wealth of M&A and tech industry wisdom that he has garnered over a substantial history of corporate structuring and process optimization. With a reputation for operational excellence and leadership, Nick is a valuable addition to the XMachina team.”
Nick Nardi, Managing Partner WTA Inc, added:
“I am thrilled to become part of the Advisory Board. XMachina’s vison and roll-up strategy for the AI sector is the best approach to bring value to established AI companies especially those wishing to bring value to the public markets and the sector as a whole. I look forward to being able to participate in this journey with them and offer the insight I have gained from my many years in the technology M&A sector.”
About XMachina: XMachina AI Group Inc. acquires companies that are applying AI and advanced data analytics in innovative ways to solve real world business problems. The Company then accelerates their growth by injecting capital, top tier talent and by streamlining their corporate processes. Current sectors of interest for the Company include supply-chain and logistics, manufacturing, construction, and real estate management.
About WTA: We are specialists in technology merger and acquisition (M&A) and business advisory services. We represent both Sellers and Buyers in M&A projects in the UK, North America and Europe.
With a specific focus and proficiency in software and IT services businesses our team brings together considerable sector experience from operational careers in the technology sector. We combine in-depth understanding of the market and significant execution experience to deliver outstanding results for our clients.