M&A Deal Summary

Rogers Communications Acquires BLACKIRON Data

On April 17, 2013, Rogers Communications acquired information technology company BLACKIRON Data from Innovate for 200M USD

Acquisition Highlights
  • This is Rogers Communications’ 1st transaction in the Information Technology sector.
  • This is Rogers Communications’ 5th largest (disclosed) transaction.
  • This is Rogers Communications’ 10th transaction in Canada.
  • This is Rogers Communications’ 8th transaction in Ontario.

M&A Deal Summary

Date 2013-04-17
Target BLACKIRON Data
Sector Information Technology
Buyer(s) Rogers Communications
Sellers(s) Innovate
Deal Type Divestiture
Deal Value 200M USD

Target

BLACKIRON Data

Etobicoke, Ontario, Canada
BLACKIRON Data is a pure-play provider of data centre and cloud computing services in Canada with approximately 4,000 customers.

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Buyer(S) 1

Buyer

Rogers Communications

Toronto, Ontario, Canada

Category Company
Founded 1960
Sector Communications
Employees24,000
Revenue 20.6B CAD (2024)
DESCRIPTION

Rogers Communications is a diversified canadian communications and media company. It is a provider of wireless voice and data communications services and one of Canada's providers of cable television, high speed Internet and telephony services. Rogers Communications was founded in 1960 and is based in Toronto, Ontario.


DEAL STATS #
Overall 10 of 16
Sector: Information Technology M&A 1 of 3
Type: Divestiture M&A Deals 3 of 4
State: Ontario M&A 8 of 11
Country: Canada M&A 10 of 16
Year: 2013 M&A 2 of 4
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-04 Mountain Cablevision

Calgary, Alberta, Canada

Mountain Cablevision Ltd. provides communication services to residential customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-23 Pivot Data Centres

Calgary, Alberta, Canada

Pivot Data Centres, Inc. is a provider of data center solutions in Western Canada, specializing in colocation as well as data center design, maintenance, and relocation.

Buy CA$155M

Seller(S) 1

SELLER

Innovate

New York, New York, United States

Category Company
Founded 1994
Sector Diversified
Employees3,135
Revenue 1.1B USD (2024)
DESCRIPTION

Innovate is a diversified holding company that seeks to acquire and grow businesses that generate sustainable free cash flow. Innovate has a diverse array of operating subsidiaries, each with its own dedicated management team, across a broad set of industries, including, but not limited to, telecom/infrastructure, large-scale U.S. construction, energy, and life sciences. Innovate was founded in 1994 and is based in New York, New York.


DEAL STATS #
Overall 1 of 3
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2013 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-11 Arbinet

Herndon, Virginia, United States

Arbinet is a provider of international voice and IP solutions to carriers and service providers globally. With more than 1,100 carriers across the world utilizing the Arbinet network, Arbinet combines global scale with sophisticated platform intelligence, call routing and industry leading credit management and settlement capabilities.

Buy $28M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-24 Continental General Insurance Co.

Omaha, Nebraska, United States

Continental General Insurance Co. is a provider of insurance services.

Buy -