TELUS Mergers and Acquisitions Summary

CommunicationsCompany

TELUS has acquired 21 companies, including 8 in the last 5 years. A total of 8 acquisitions came from private equity firms.

TELUS’s largest acquisition to date was in 2000, when it acquired Clearnet Communications for $3.5B. TELUS has acquired in 1 US state, and 3 countries. The Company’s most targeted sectors include information technology (22%) and communications (16%).

Join Mergr and gain access to TELUS’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity19
  • Total Sectors Invested 9
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 9
  • M&A Advisors 3

TELUS

TELUS Corp.

510 West Georgia Street 7th Floor,
Vancouver, British Columbia V6B 0M3
Canada,
(604) 697-8044
www.telus.com

Telus is a Canadian telecommunications company that provides a range of telecommunications products and services including internet access, voice, entertainment, healthcare, video, and satellite television. TELUS was founded in 1993 and is based in Vancouver, Canada.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.0/yr) # 14 2 1 1 1 - 19
vol $4.4B $532M $275M $2.2B $7.5B
Sell (0.0/yr) # - - - - - - 0
  19

Most Recent M&A

Company Date Value Type
LifeWorks, Inc. 2022-06-16 2.2B CAD Add-on Acquisition
Toronto, Ontario · www.lifeworks.com
Blacksmith Applications, Inc. 2021-11-08 275M USD Add-on Acquisition
Lawrence, Massachusetts · www.blacksmithapplications.com
Mobile Service Center Canada Ltd. 2020-07-02 - Add-on Acquisition
Ottawa, Ontario · www.mobileklinik.ca
Competence Call Center Holding GmbH 2019-12-04 - Add-on Acquisition
Vienna, Austria · www.yourccc.com
ADT Security Services Canada, Inc. 2019-10-01 532M CAD Divestiture
Mississauga, Ontario · www.adt.ca
Medisys Health Group, Inc. 2018-08-20 - Add-on Acquisition
Montreal, Quebec · www.medisyshealthgroup.com
AlarmForce Industries, Inc. 2018-01-05 67M USD Add-on Acquisition
Toronto, Ontario · www.alarmforce.com
Nightingale Informatix Corp. 2016-07-14 14M USD Add-on Acquisition
Toronto, Ontario · www.nightingalemd.ca
Groupe Enode, Inc. 2014-04-01 - Add-on Acquisition
Québec, Quebec · www.groupe-enode.com
Med Access, Inc. 2014-03-03 - Add-on Acquisition
Kelowna, British Columbia · www.med-access.net
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
TELUS International, Inc.    - WillowTree LLC 2022-10-27 6
Vancouver, British Columbia · www.telusinternational.com Charlottesville, Virginia · www.willowtreeapps.com
LifeWorks, Inc. 2022-06-16 Benestar Group Pty Ltd. 2022-08-11 1
Toronto, Ontario · www.lifeworks.com Sydney, Australia · www.benestar.com
TELUS International, Inc.    - Lionbridge Technologies, Inc. 2020-11-06 5
Vancouver, British Columbia · www.telusinternational.com Waltham, Massachusetts · www.lionbridge.com

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 4 (21%) 763M (10%) - -
Communications 3 (16%) 3.6B (48%) - -
Internet Software and Services 3 (16%) 14M (< 1%) - -
Business Services 2 (11%) - - -
Safety/Security 2 (11%) 599M (8%) - -
Software 2 (11%) 275M (4%) - -
Consumer Services 1 (5%) 2.2B (30%) - -
E-Commerce 1 (5%) 28M (< 1%) - -
Healthcare Services 1 (5%) - - -
Total 19 $7.5B - -

By Geo

State/Country Buy Value Sell Value
Canada 17 7.2B - -
  Ontario 9 2.8B - -
  Quebec 5 763M - -
  British Columbia 1 - - -
Austria 1 - - -
United States 1 275M - -
  Massachusetts 1 275M - -
Domestic 17 (89%) 7.2B (96%) - -
Cross-border 2 (11%) 275M (4%) - -
Total 19 $7.5B - -

Top M&A Advisors

Financial Deals
CIBC Capital Markets
1
Legal Deals
Clifford Chance LLP
1
Stikeman Elliott LLP
1

Deal Values

buy # Total
> $1B 2 $5.7B
$100M to $1B 3 $1.6B
< $100M 4 $186M
TOTAL $7.5B
Largest Clearnet Communications, Inc.
$3.5B (2000-10-20)

M&A Connections

Deals
Acquired from
Investor(s)
32%
6 (32%)
Strategic(s)
5%
1 (5%)

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