M&A Deal Summary

Appficiency Acquires AskCipher

On November 25, 2025, Appficiency acquired software company AskCipher

Acquisition Highlights
  • This is Appficiency’s 1st transaction in the Software sector.
  • This is Appficiency’s 1st transaction in Canada.
  • This is Appficiency’s 1st transaction in Ontario.

M&A Deal Summary

Date 2025-11-25
Target AskCipher
Sector Software
Buyer(s) Appficiency
Deal Type Add-on Acquisition

Target

AskCipher

Toronto, Ontario, Canada
AskCipher connects to enterprise/business software (like ERPs, CRMs, finance & operations platforms) and lets users interact with those systems using natural language, effectively translating business language commands to application actions. AskCipher is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Appficiency

Mississauga, Ontario, Canada

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Appficiency is a software consulting firm, specializing in providing custom NetSuite solutions, implementation, customizations, integrations, and support for project-based organizations in complex industries like construction, manufacturing, retail, and distribution. Appficiency was founded in 2014 and is based in Mississauga, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1