| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Aztec Technology Partners, Inc. |
| 52 Roland Street, Boston, MA 02129 * (617) 623-3100 |
| The company is a single-source provider of a broad range of Information Technology business solutions. Paradigm currently consists of ten companies who have been in business for an average of over 15 years, with a history of superior client service. |
| Manager | Tier | Phone |
| BancAmerica Robertson Stephens | Lead Manager | (415) 989-8500 |
| Friedman, Billings, Ramsey & Co., Inc. | Co-manager | (703) 312-9571 |
| Volpe Brown Whelan & Company | Co-manager | (415) 274-4463 |
| NASNTL: | AZTC | High-Tech: | SIC 7379 | |
| Type of Shares: | Common Shares | Filing Date: | 3/6/98 | |
| U.S. Shares Filed: | 4,200,000 | Filing Range: | $12.00 - $14.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $54,600,000 | |
| Primary Shares: | 4,200,000 | Expenses: | $0 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 26,300,000 | |
| Spin out parent firm: | U.S. Office Products | |||
| Employees: | 1067 | |||
| Issuer's Law Firm: | Wilmer, Cutler & Pickering |
| Bank's Law Firm: | Winstead Sechrest & Minick |
| Auditor: | Price Waterhouse |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 4/26/97 | 10/25/98 | 10/26/96 | 10/25/97 | ||
| Revenue: | $136.28 | $79.61 | $66.16 | Assets: | $137.90 |
| Net Income: | $9.64 | $3.98 | $3.93 | Curr Assets: | $70.30 |
| EPS: | Liabilities: | $50.37 | |||
| Prior EPS: | Curr Liab: | $40.76 | |||
| Cash Flow/Oper: | Equity: | $87.53 | |||
| Cash Flow/Fin: | Cash: | $0.58 | |||
| Cash Flow/Inv: | Working Cap: | $29.54 | |||
| Competition |
| The IT solutions market includes a large number of participants, is subject to rapid changes, and is highly competitive. The Company competes with, and faces potential competition for client assignments and experienced personnel from, a number of companies that have significantly greater financial, technical and marketing resources, generate greater revenues, and have greater name recognition than does the Company. The Company believes that the principal competitive factors in the segment of the industry in which the Company competes include scope of services, service delivery approach, technical and industry expertise, perceived value, objectivity and results orientation. The Company believes that its ability to compete also depends in part on a number of competitive factors outside of its control, including the ability of its competitors to hire, retain and motivate senior managers, the price at which others offer comparable services and the extent of its competitors' responsiveness to customer needs. There can be no assurance that the Company will be able to compete successfully with its competitors in the future. |
| Business Plan |
| Paradigm's objective is to service its clients' strategic business needs by becoming their sole IT solutions provider. By fostering a long-term relationship with the customer and providing a superior level of service, Paradigm will seek to expand its current market presence and reputation. Paradigm intends to grow through a combination of targeted strategic acquisitions and internal growth. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to fund future acquisitions and for general corporate purposes. |