M&A Deal Summary

Converge Technology Solutions Acquires Vivvo Application Studios

On December 22, 2020, Converge Technology Solutions acquired software company Vivvo Application Studios

Acquisition Highlights
  • This is Converge Technology Solutions’ 1st transaction in the Software sector.
  • This is Converge Technology Solutions’ 4th transaction in Canada.
  • This is Converge Technology Solutions’ 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2020-12-22
Target Vivvo Application Studios
Sector Software
Buyer(s) Converge Technology Solutions
Deal Type Add-on Acquisition

Target

Vivvo Application Studios

Regina, Saskatchewan, Canada
website
Vivvo Application Studios Ltd. is a software company delivers a feature-rich, production-ready, proven identity-management-as-a-service (IDMAAS) platform that enables and accelerates digital transformation. Vivvo Application Studios was founded in 2015 and is based in Regina, Saskatchewan.

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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 14 of 33
Sector (Software) 1 of 4
Type (Add-on Acquisition) 14 of 33
State (Saskatchewan) 1 of 1
Country (Canada) 4 of 7
Year (2020) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-21 CarpeDatum Consulting

Aurora, Colorado, United States

CarpeDatum Consulting, Inc. is a national platform of regionally focused Hybrid IT solution provider. CarpeDatum Consulting was founded in 1997 and is based in Aurora, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-04 Vicom Computer Services

Farmingdale, New York, United States

Vicom Computer Services, Inc. is a full-service multi-cloud infrastructure provider with a three-decade history of helping our customers drive business innovation. Vicom Computer Services is based in Farmingdale, New York.

Buy -
Mergr

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