M&A Deal Summary

Aptum Technologies Acquires CloudOps

On January 12, 2023, Aptum Technologies acquired internet software and services company CloudOps

Acquisition Highlights
  • This is Aptum Technologies’ 2nd transaction in the Internet Software and Services sector.
  • This is Aptum Technologies’ 1st transaction in Canada.
  • This is Aptum Technologies’ 1st transaction in Quebec.

M&A Deal Summary

Date 2023-01-12
Target CloudOps
Sector Internet Software and Services
Buyer(s) Aptum Technologies
Deal Type Add-on Acquisition

Target

CloudOps

Montreal, Quebec, Canada
CloudOps is a cloud consulting, managed services, and software company focused on open source, cloud native platforms, networking, and DevOps. CloudOps helps forward-thinking customers Own Their Own Destinies in the Clouds™ by engineering and operating cloud platforms to meet evolving business goals and achieve long-term operational success. The company’s primary focus is on telecom, utility, financial, large enterprise, software, media, healthcare, and public sector organizations. CloudOps was formed in 2005 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Aptum Technologies

Toronto, Ontario, Canada

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Aptum Technologies is a provider of outsourced internet infrastructure in the form of colocation and related managed services to enterprise customers in the US, and to a lesser extent, in Canada. Aptum Technologies was founded in 1996 and is based in Toronto, Ontario.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-21 ServerBeach

San Antonio, Texas, United States

ServerBeach Ltd. is a web hosting service provider.

Buy $7M