Over $3 billion in M&A - Discovery Group business hits come from uncovering talent

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Over $3 billion in M&A - Discovery Group business hits come from uncovering talent DiscoveryGroup MA

- Uncovering and building support around talent is the key to the Discovery Group's successes, said Jim Paterson, co-founder and principal of Discovery Group.

Discovery Group is an alliance of public companies focused on the advancement of mineral exploration and mining projects. Founded in 2005 by John Robins and Paterson, Discovery Group has generated over $500 million in direct and indirect expenditures resulting in over $3 billion in mergers and acquisitions.• In 2016 Goldcorp acquired Discovery Group's Kaminak Gold for approximately C$520 million.

Paterson said the company identifies stars and supports them with Discovery Group resources. Paterson related the story of meeting Bob Singh and Chris Taylor, who eventually went on to found Great Bear Resources within Discovery Group.

 

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