M&A Deal Summary

BCE Acquires FX Innovation

On May 4, 2023, BCE acquired information technology company FX Innovation

Acquisition Highlights
  • This is BCE’s 3rd transaction in the Information Technology sector.
  • This is BCE’s 10th transaction in Canada.
  • This is BCE’s 4th transaction in Quebec.

M&A Deal Summary
Date 2023-05-04
Target FX Innovation
Sector Information Technology
Buyer(s) BCE
Deal Type Add-on Acquisition

Target

FX Innovation

Montréal, Quebec, Canada
FX Innovation accelerates digital transformation for organizations by managing the growing complexity of multi-cloud, integrations and connectivity with skilled experts, end-to-end solutions, and an advanced partner ecosystem across major cloud providers and ServiceNow. FX Innovation is based in Montréal, Quebec.

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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 10 of 13
Sector (Information Technology) 3 of 5
Type (Add-on Acquisition) 8 of 11
State (Quebec) 4 of 4
Country (Canada) 10 of 12
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 EBOX

Longueuil, Quebec, Canada

EBOX is an Internet, telephone and television service provider. EBOX is based in Longueuil, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 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.

Buy -
Mergr

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