M&A Deal Summary

Parity Technology Solutions Acquires Liveport

On November 8, 2019, Parity Technology Solutions acquired communications company Liveport

Acquisition Highlights
  • This is Parity Technology Solutions’ 2nd transaction in the Communications sector.
  • This is Parity Technology Solutions’ 1st transaction in Canada.
  • This is Parity Technology Solutions’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-11-08
Target Liveport
Sector Communications
Buyer(s) Parity Technology Solutions
Deal Type Add-on Acquisition

Target

Liveport

West Kelowna, British Columbia, Canada
website
Liveport Corp. provides hotels with guest wireless Internet, WiFi and HSIA solutions, including hardware and 24/7 guest support. Liveport Corp. was founded in 2007and is based in West Kelowna, British Columbia.

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Buyer(S) 1

Buyer

Parity Technology Solutions

Toronto, Ontario, Canada

website

Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Parity Technology Solutions is a single-source hospitality technology provider servicing over 1,600 hotels worldwide. We deliver reliable, flexible technology solutions that improve guest satisfaction and guarantee measurable returns to our clients. Parity Technology Solutions was founded in 2006 and is based in Toronto, Canada.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-08 Hotspot International

Mexico City, Mexico

Hotspot International is a High-Speed Internet Access (HSIA) provider and hosted software solution to centrally manage guest broadband in Mexico and US. HSI works with major hotel chains including AM Resorts, IHG, Marriott, and ILG, as well as agreements with independent brands such as Pueblo Bonito, Grupo Vidanta, Eurostars, Grupo Real Turismo (Camino Real and Quinta Real). Hotspot International was founded in 2002 and is based in Mexico City.

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