Zenith Energy Share Discussion Threads

[duncandisorderly] 10/9/2012 09:16

Good news!
I spoke to my brother-in-law on the weekend and just mentioned Bullhorn in passing of which he told me he had got a job via them.
He also mentioned that he thought they had been taken over so I looked it up and hey presto.
If you think Bullhorn is big with 100,000 look at this baby,they are bloody huge.
This could go places....


Acquisition to Accelerate Bullhorn's Growth and Product Plans
BOSTON, June 14, 2012 /PRNewswire/ -- Bullhorn, Inc., the market leading recruiting software company, today announced that it has been acquired by Vista Equity Partners, a private equity firm with over $6.6 billion in committed capital. Operating as a stand-alone company, Bullhorn's management team is well placed to guide the company through its next phase of growth focusing on increasing their product portfolio and geographic expansion.

"Our great customers and employees have afforded Bullhorn exponential growth over the last decade," said Art Papas, co-founder and CEO of Bullhorn. "We're thrilled to deliver such an outstanding return to our stockholders and to continue to build upon our success with the great team at Vista. Vista's financial strength and extensive software industry experience make them an ideal partner to help us realize our aggressive plans for product development and global expansion while maintaining high levels of satisfaction and support for our current customers."

Founded in 1999, Bullhorn pioneered the software-as-a-service (SaaS) model for staffing and recruiting software as well as innovations in mobile, candidate search, open API access, and social recruiting just to name a few. In 2011, Bullhorn marked significant growth, increasing revenue by 40 percent and adding 400 new clients. Today, more than 100,000 staffing and recruiting professionals across 126 countries use Bullhorn to grow their businesses, from ambitious start-ups to industry leaders such as Kelly Services and Randstad. The Bullhorn platform handles over a billion transactions each month with unrivaled reliability and has supported an estimated $100 billion in client revenue. Among Bullhorn's many growth milestones are inclusion on the Deloitte Technology Fast 500, the Inc. 5,000 and the Boston Business Journal Pacesetters.

"Forty percent growth year-over-year is impressive at any time, but achieving that level of growth in a challenging economic climate is an even greater testament to the strength of the Bullhorn team. Bullhorn has shown that innovation can drive incredible growth in any economy," said Alan Cline, principal and co-head of Vista Equity Partners Foundation Fund. "By combining our resources and expertise with this great management team and the talented employees of Bullhorn, we see a tremendous opportunity on the horizon as we work together to fuel the next stage of the company's growth."

About Bullhorn
Bullhorn® creates software and services that improve the way employees and employers come together. For over ten years our innovations have powered the recruiting and staffing operations of fast-growing start-ups up through the world's largest employment brands. Headquartered in Boston, with offices in London and Sydney, Bullhorn's recruiting CRM and social recruiting products serve more than 12,000 clients and 100,000 users in 126 countries. For more information go to www.bullhorn.com.

About Vista Equity Partners
Vista Equity Partners, a U.S. based private equity firm with offices in San Francisco, Chicago and Austin, currently invests approximately $6.6 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For further information please visit www.vistaequitypartners


PR Newswire (

[stegrego] 07/9/2012 21:36

All household names....

In the houses of the people who work for them!

[p o n a] 07/9/2012 20:53

some of their clients :

[p o n a] 07/9/2012 20:39

https://www.synety.com/

[p o n a] 07/9/2012 14:16

Stegrego

so where do you think the share price will be in 6 months time ?

[lovaine] 07/9/2012 13:35

Stegrego has never antagonized anyone when posting on the PUR thread.
That would be difficult though when the company has more potential than 100 other aim stocks all rolled together !!imo.

[stegrego] 07/9/2012 13:26

What a load of rubbish. I was on MOS from Around this same area of 20 ish p. it went up a bit then crashed about 60 percent, only to now be back where it was.

Ive been warning on here since 100p. It's now 4p. Hmmmm.

Oh and 'so many threads' is what? This and MOS I think you will find.

The bear case is easy here, what makes you so convinced that a company like this will suddenly start to make money and has good management and product etc?

It's a total punt with not good odds.

[chuml3y] 07/9/2012 13:18

stegrego is a deliberate antagonist. He does this across so many threads. He's been at it on the MOS thread ever since that share was 3p/5p. It's currently trading at 22p.

[chuml3y] 07/9/2012 13:16

Bought 100k of these this morning. Pretty sure will see a return in the next 12 months.

[stegrego] 07/9/2012 12:56

Yes it's a start up, that's exactly my point.

Totally unproven and very little revenue. No track record.

Would this company get away in a real float, even on AIM? Answer is no.

[duncandisorderly] 07/9/2012 08:23

With nearly 6p in cash alone it won't take long for this one to get recognised.

[duncandisorderly] 07/9/2012 08:19

Last chance to get them under 4p imo.

[p o n a] 06/9/2012 19:06

agree duncan

[duncandisorderly] 06/9/2012 19:05

Pona mate you are wasting your time with them mate.

[p o n a] 06/9/2012 18:59

It's a startup for heaven's sake. Do you expect it to make a profit from day 1 ? In fact they've started generating revenue in the first 4 months of official opening.

They've paid little cash for the newco. If it was a profitable / cash generating outfit a large chunk of the £4m was would have been used up in buying the business.

[stegrego] 06/9/2012 18:49

Made a 150 grand loss in 4 months and that's before they were paying all the fancy dan wages now they are a plc. Plus of course a six figure sum no doubt for Cleaver.

Duncan, piece of genuine advice here. Invest a tenner or so in the book Zulu Principle by Jim Slater. You won't regret it.

[dcroston] 06/9/2012 15:41

I understand that the inc. has substantial tax losses and that they are considering various options and have been for quite a while now.

I actually thought that the tax losses could only be carried over to a new business that was of the same type but this mustnt be the case.

[lovaine] 06/9/2012 15:02

More like hitting the ground.....SPLAT !!!
Will ZEN's new direction make use of ZEN tax losses,or will it just add to them ?

[duncandisorderly] 06/9/2012 13:18

Not sure pj.I have a feeling that it has to be in the same type of business but Zenergy is now an investment business so we could have the write off's.

[pjj71] 06/9/2012 12:55

what happens to all the previous tax losses now? do they vanish in the cloud?

[duncandisorderly] 06/9/2012 09:52

I must admit,I am starting to get,(dare I say it)excited with this new venture particularly when you look into these new boys background.We are literally hitting the ground running.

[p o n a] 06/9/2012 09:48

from the article :

Mark Seemann, Synety's chief executive, said the deal gave it access to Zenergy Power's £4 million funds,....

[p o n a] 06/9/2012 09:46

drc

I personally got assurances from SC that there are NO more expenses related to closing down the legacy business. The £3.65m is ALL available to the new business.