Converge Technology Solutions - M&A Summary and Business Overview

Information TechnologyCompany

Converge Technology Solutions M&A Summary

Converge Technology Solutions has acquired 33 companies, including 28 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%).

Converge Technology Solutions Business Overview

Where is Converge Technology Solutions headquartered?

Converge Technology Solutions is headquartered in Toronto, Ontario.

What sector is Converge Technology Solutions in?

Converge Technology Solutions is an information technology company.

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 ≤ '19 '20 '21 '22 '23 '24 T
Buy (4.8/yr) # 9 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%)

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