M&A Deal Summary

Converge Technology Solutions Acquires Newcomp Analytics

On September 12, 2022, Converge Technology Solutions acquired information technology company Newcomp Analytics

Acquisition Highlights
  • This is Converge Technology Solutions’ 23rd transaction in the Information Technology sector.
  • This is Converge Technology Solutions’ 7th transaction in Canada.
  • This is Converge Technology Solutions’ 3rd transaction in Ontario.

M&A Deal Summary
Date 2022-09-12
Target Newcomp Analytics
Sector Information Technology
Buyer(s) Converge Technology Solutions
Deal Type Add-on Acquisition

Target

Newcomp Analytics

Thornhill, Ontario, Canada
website
Newcomp Analytics is an analytics-driven organization focused on providing solutions specific to business needs by creating an analytics roadmap to long-term success. Newcomp Analytics helps reduce the complexity of big data and provides organizations with the tools needed to tackle projects. Newcomp Analytics was founded in 1986 and is based in Thornhill, Ontario.

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Buyer(S) 1

Buyer

Converge Technology Solutions

Toronto, Ontario, Canada

website

Category Company
Sector Information Technology
DESCRIPTION

Converge Technology Solutions Corp. is a provides a platform of regionally-focused Hybrid IT solutions providers to enhance their ability to provide multi-cloud solutions, blockchain, resiliency, and managed services. Converge Technology Solutions is based in Toronto, Ontario.

DEAL STATS #
Overall 32 of 33
Sector (Information Technology) 23 of 24
Type (Add-on Acquisition) 32 of 33
State (Ontario) 3 of 3
Country (Canada) 7 of 7
Year (2022) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-15 Gesellschaft für digitale Bildung

Hamburg, Germany

Gesellschaft für digitale Bildung is a full-service IT supplier for education, offering everything from hardware and software to advanced training and comprehensive technical/consulting services. Gesellschaft für digitale Bildung is based in Hamburg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-22 Stone Group

Staffordshire, United Kingdom

Stone Group is a provider of Circular IT solutions for education institutions, as well as public and private sector organizations. Stone Group was founded in 1991 and is based in Staffordshire, United Kingdom.

Buy -
Mergr

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