Converge Technology Solutions Mergers and Acquisitions Summary

Information TechnologyCompany

Converge Technology Solutions has acquired 33 companies, including 31 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Converge Technology Solutions’ largest acquisition to date was in 2021, when it acquired LPA Software Solutions for $9M. Converge Technology Solutions has acquired in 13 different US states, and 4 countries. The Company’s most targeted sectors include information technology (73%) and software (13%).

Join Mergr and gain access to Converge Technology Solutions’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the information technology sector.

M&A Summary

  • M&A Total Activity33
    • M&A Buy Activity33
  • Total Sectors Invested 5
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 2

Converge Technology Solutions Corp.

161 Bay St Suite 2325,
Toronto, Ontario M5J 2S1
Canada,
www.convergetp.com

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.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (5.6/yr) # 5 4 5 8 11 - 33
vol $9M $9M
Sell (0.0/yr) # - - - - - - 0
  33

Most Recent M&A

Company Date Value Type
Stone Technologies Group Ltd. 2022-09-22 - Add-on Acquisition
Staffordshire, United Kingdom · www.stonegroup.co.uk
Newcomp Analytics 2022-09-12 - Add-on Acquisition
Thornhill, Ontario · www.newcomp.com
Gesellschaft für digitale Bildung mbH 2022-06-15 - Add-on Acquisition
Hamburg, Germany · www.gfdb.de
IfmB Institut für moderne Bildung GmbH 2022-06-15 - Add-on Acquisition
Tutzing, Germany · www.ifmb-institut.de
DEQSTER GmbH 2022-06-15 - Add-on Acquisition
Hamburg, Germany · www.deqster.de
PC Specialists, Inc. 2022-05-19 - Add-on Acquisition
San Diego, California · www.tig.com
Creative Breakthroughs, Inc. 2022-04-01 - Add-on Acquisition
Ferndale, Michigan · www.cbisecure.com
InterDynamix Systems Corp. 2022-03-28 - Add-on Acquisition
Edmonton, Alberta · www.interdynamix.com
1CRM Systems Corp. 2022-03-01 - Add-on Acquisition
Victoria, British Columbia · www.1crm.com
VisuCom GmbH 2022-02-09 - Add-on Acquisition
Walzbachtal, Germany · www.visucomgmbh.de
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 24 (73%) - - -
Software 4 (12%) 9M (100%) - -
Business Services 2 (6%) - - -
Internet Software and Services 2 (6%) - - -
Consumer Products 1 (3%) - - -
Total 33 $9M - -

By Geo

State/Country Buy Value Sell Value
United States 20 9M - -
  New York 4 9M - -
  California 4 - - -
  Texas 2 - - -
  Wisconsin 1 - - -
  Oregon 1 - - -
  North Carolina 1 - - -
  New Jersey 1 - - -
  Missouri 1 - - -
  Mississippi 1 - - -
  Minnesota 1 - - -
  Michigan 1 - - -
  Georgia 1 - - -
  Colorado 1 - - -
Canada 7 - - -
  Ontario 3 - - -
  Quebec 1 - - -
  British Columbia 1 - - -
  Alberta 1 - - -
  Saskatchewan 1 - - -
Germany 5 - - -
United Kingdom 1 - - -
Domestic 7 (21%) - - -
Cross-border 26 (79%) 9M (100%) - -
Total 33 $9M - -

Deal Values

buy # Total
< $100M 1 $9M
TOTAL $9M
Largest LPA Software Solutions LLC
$9M (2021-10-04)

M&A Connections

Deals
Acquired from
Investor(s)
6%
2 (6%)

 Subscribe to unlock this and 191,215
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.4K Private Equity Firms
  • 182K M&A Transactions
  • 187K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 69K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.