NameSilo Technologies Corp. Closes Strategic Acquisition of Reach Systems

Executive Summary

• NameSilo Technologies Corp. closed its acquisition of Reach Systems, a profitable Canadian engineering and manufacturing firm specializing in remote‑inspection robotics.
• Total purchase price was $4,500,000, consisting of cash, newly issued common shares, repayment of shareholder loans, and a finder’s fee.
• The deal creates a vertically integrated industrial‑robotics platform that is expected to improve supply‑chain control, reduce lead times, lower build costs, and enhance margins for NameSilo’s existing SewerVUE business.

Key Details

• Acquisition Target: Reach Systems, Inc., provider of tether & cable management systems, subsea harsh‑environment cameras, and winch solutions.
• Purchase Price: $4.5 M total:
• 1,939,168 NameSilo common shares @ $1.7335 per share = $3,361,547 (subject to a 4‑month‑plus‑1‑day hold period).
• Cash payment of $978,699.
• Repayment of outstanding shareholder loans: $159,753.
• Finder’s Fee: $90,000 paid via issuance of 51,918 common shares @ $1.7335 per share.
• Strategic Rationale: Reach has been a key supplier to SewerVUE (acquired Sep 2025). Integration will:
• Strengthen vertical integration and supply‑chain reliability.
• Reduce production lead times and component costs.
• Expand the combined product suite for industrial, energy, marine, defense, and infrastructure markets.
• Management Commentary: CEO Paul Andreola highlighted that the acquisition “enhances cost structure, strengthens margin potential, and positions us to deliver fully integrated robotic inspection solutions.”
• Future Plans: Capital will be allocated toward scaling the integrated platform and pursuing additional growth and consolidation opportunities in industrial robotics.

Notable Quotes

“This acquisition brings together two highly complementary engineering businesses with aligned products and customers,” – Paul Andreola, President, CEO & Director, NameSilo Technologies Corp.

Materiality Assessment: Material – Positive (strategic acquisition expected to materially improve the company’s operational efficiency and growth prospects).