Mace finally name drops

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04/07/2009
In its earnings call today, Mace announced the name of that central station they're buying: CSSS. They've been around a while and apparently do about $3 million in revenue. Still no word on what they paid/are paying. But he told me he didn't get a discount, so figuring about 30x RMR, I'm guessing something in the $7.5 million range, which is about half the cash they had on hand. Best thing about the deal, obviously, is that it will be cash positive from day one and as long as they don't tinker too much with it should completely pay for itself in the not too distant future.