M&A Deal Summary

BCE Acquires CloudKettle

On July 9, 2024, BCE acquired information technology company CloudKettle

Acquisition Highlights
  • This is BCE’s 5th transaction in the Information Technology sector.
  • This is BCE’s 12th transaction in Canada.
  • This is BCE’s 1st transaction in Nova Scotia.

M&A Deal Summary

Date 2024-07-09
Target CloudKettle
Sector Information Technology
Buyer(s) BCE
Deal Type Add-on Acquisition

Target

CloudKettle

Halifax, Nova Scotia, Canada
CloudKettle is a Professional Services provider that offers expertise in Salesforce enterprise implementation, including integration of data and AI capabilities through Salesforce Data Cloud, Industry Clouds, Marketing Cloud, Einstein 1, and Tableau. CloudKettle is based in Halifax, Nova Scotia.

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Buyer(S) 1

Buyer

BCE

Verdun, Quebec, Canada

Category Company
Founded 1880
Sector Communications
Employees45,132
Revenue 24.7B CAD (2023)
DESCRIPTION

BCE is Canada's largest communications company, providing a comprehensive and innovative suite of broadband communication services to residential and business customers in Canada. BCE was incorporated in 1880 and is based in Verdun, Canada.


DEAL STATS #
Overall 12 of 13
Sector (Information Technology) 5 of 5
Type (Add-on Acquisition) 10 of 11
State (Nova Scotia) 1 of 1
Country (Canada) 12 of 12
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 Stratejm

Mississauga, Ontario, Canada

Stratejm leverages AI through its end-to-end Security-as-a-Service solutions, real-time threat detection and response, and streamlining incident management processes, all supported by a vendor-independent SOC2 Security Operation Centre. Stratejmis based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-04 Ziply Fiber

Everett, Washington, United States

Ziply Fiber is a telecommunications network business comprises a network that passes 1.7 million residential and business locations, of which approximately 500,000 are fiber-to-the-premises capable. Ziply Fiber is based in Everett, Washington.

Buy CA$5.0B