Present owner= Birch Hill has spent eight years with Softchoice in its portfolio, and as per the private equity playbook, it’s now time to move on. Hence, the release of Softchoice back into public hands—partially, at least. Birch Hill continues to own a considerable stake, and the next chapter of the release-into-the-wild playbook reads that there will be more stock sales to come—something that can lead to pressure on the stock price as supply hits the market.
Be careful , future downside pressure on stock.