M&A Deal Summary

AppDirect Acquires ITCloud.ca

On February 10, 2022, AppDirect acquired internet software and services company ITCloud.ca

Acquisition Highlights
  • This is AppDirect’s 6th transaction in the Internet Software and Services sector.
  • This is AppDirect’s 3rd transaction in Canada.
  • This is AppDirect’s 2nd transaction in Quebec.

M&A Deal Summary

Date 2022-02-10
Target ITCloud.ca
Sector Internet Software and Services
Buyer(s) AppDirect
Deal Type Add-on Acquisition

Target

ITCloud.ca

Trois-Rivieres, Quebec, Canada
ITCloud.ca is an online backup and recovery company provides a broad portfolio of cloud solutions for more than 1,200 technology partners that serve thousands of leading business customers across Canada. ITCloud.ca was founded in 2005 and is based in Trois-Rivieres, Canada.

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Buyer(S) 1

Buyer

AppDirect

San Francisco, California, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

AppDirect is a cloud service commerce making software and products accessible globally. AppDirect was founded in 2009 and is based in San Francisco, California.


DEAL STATS #
Overall 7 of 9
Sector (Internet Software and Services) 6 of 7
Type (Add-on Acquisition) 7 of 8
State (Quebec) 2 of 2
Country (Canada) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-24 Xendo

San Francisco, California, United States

Xendo, Inc. is a provide of cloud-based unified search across 30 different cloud and on-premise apps to allow business users to easily find content across the various cloud services they use every day.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-01 ADCom Solutions - NOC & VEEUE Platform

Norcross, Georgia, United States

ADCom Solutions' NOC & VEEUE Platform provides full management capabilities for complex IT environments.

Buy -