Quarterhill - M&A Summary and Business Overview

Information TechnologyCompany

Quarterhill M&A Summary

Quarterhill has acquired 5 companies, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms.

Quarterhill’s largest acquisition to date was in 2021, when it acquired Electronic Transaction Consultants for $150M. Quarterhill has acquired in 1 US state, and 4 countries. The Company’s most targeted sectors include technology hardware (60%) and information technology (20%).

Quarterhill Business Overview

Where is Quarterhill headquartered?

Quarterhill is headquartered in Toronto, Ontario.

What is Quarterhill’s revenue?

Quarterhill disclosed revenue of 194M CAD for 2023 and 159M CAD for 2022.

How many employees does Quarterhill have?

Quarterhill has 449 employees.

What sector is Quarterhill in?

Quarterhill is an information technology company.

When was Quarterhill founded?

Quarterhill was founded in 1992.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 1

Quarterhill

Quarterhill, Inc.

North Tower Suite 1200 200 Bay Street,
Toronto, Ontario M5L 2J2
Canada,
(416) 247-9652
www.quarterhill.com

Quarterhill is a diversified investment holding company focused on growing its business by acquiring technology companies in the Industrial Internet of Things ("IIoT") segment across multiple verticals. Quarterhill targets companies with a broad range of products and services that capture, analyze and interpret data, and that have strong financial performance, excellent management teams, strong intellectual property underpinnings and significant opportunities to develop long-term recurring and growing revenue streams. Quarterhill was founded in 1992 and is based in Toronto, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 1 - 3 - - 1 5
vol $1M $157M $158M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Red Fox I.D. Ltd. 2024-03-15 - Add-on Acquisition
Aylesbury, United Kingdom · www.redfoxid.co.uk
Electronic Transaction Consultants LLC 2021-08-16 150M USD Add-on Acquisition
Richardson, Texas · www.etcc.com
VDS Verkehrstechnik GmbH 2021-04-28 2M CAD Add-on Acquisition
Löbau, Germany · www.vds-verkehrstechnik.de
Sensor Line GmbH 2021-01-05 5M CAD Add-on Acquisition
Schrobenhausen, Germany · www.sensorline.de
iCOMS Detections SA 2017-07-18 1M EUR Add-on Acquisition
Ottignies-Louvain-la-Neuve, Belgium · www.icomsdetections.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Wi-Lan, Inc.    - VIZIYA Corp. 2020-05-19 3
Ottawa, Ontario · www.wilan.com Hamilton, Ontario · www.viziya.com
Wi-Lan, Inc.    - IBM - Patent Portfolio 2020-02-20 10
Ottawa, Ontario · www.wilan.com Armonk, New York
Wi-Lan, Inc.    - Wave Systems Corp. - Patent Portfolio 2017-10-13 9
Ottawa, Ontario · www.wilan.com Ottawa, Ontario
Wi-Lan, Inc.    - IXYS CH GmbH - Semiconductor Patents 2013-11-26 8
Ottawa, Ontario · www.wilan.com Brugg, Switzerland
Wi-Lan, Inc.    - Cypress Semiconductors Corp. - Semiconductor Portfolio 2013-06-11 7
Ottawa, Ontario · www.wilan.com San Jose, California
Wi-Lan, Inc.    - Glenayre Electronics, Inc. - Mobile Communication Patents 2011-06-29 6
Ottawa, Ontario · www.wilan.com Duluth, Georgia
Wi-Lan, Inc.    - NextWave Broadband, Inc. - Wireless Technology Portfolio 2009-07-23 5
Ottawa, Ontario · www.wilan.com San Diego, California
Wi-Lan, Inc.    - Wi-LAN, Inc. - W-OFDM 2003-12-10 2
Ottawa, Ontario · www.wilan.com Ottawa, Ontario
Wi-Lan, Inc.    - Wi-LAN, Inc. - VIP 110-24 Advantage 2002-04-08 1
Ottawa, Ontario · www.wilan.com Ottawa, Ontario

M&A by Sector

Sector Buy # Value Sell # Value
Technology Hardware 3 (60%) 8M (5%) - -
Information Technology 1 (20%) 150M (95%) - -
Software 1 (20%) - - -
Total 5 $158M - -

By Geo

State/Country Buy Value Sell Value
Germany 2 7M - -
Belgium 1 1M - -
United Kingdom 1 - - -
United States 1 150M - -
  Texas 1 150M - -
Domestic - - - -
Cross-border 5 (100%) 158M (100%) - -
Total 5 $158M - -

Deal Values

buy # Total
$100M to $1B 1 $150M
< $100M 3 $8M
TOTAL $158M
Largest Electronic Transaction Consultants LLC
$150M (2021-08-16)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)

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