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M&A Deal Summary

Canara Acquires CPG Beyond the Cloud

On January 30, 2019, Canara acquired information technology company CPG Beyond the Cloud

Acquisition Highlights
  • This is Canara’s 1st transaction in the Information Technology sector.
  • This is Canara’s 1st transaction in the United States.
  • This is Canara’s 1st transaction in Virginia.

M&A Deal Summary
Date 2019-01-30
Target CPG Beyond the Cloud
Sector Information Technology
Buyer(s) Canara
Deal Type Merger

Target

CPG Beyond the Cloud

Ashburn, Virginia, United States
CPG Beyond the Cloud is an innovator for cutting-edge data center and cloud solutions. For 20 years, CPG has been providing full-life cycle, mission-critical infrastructure solutions to some of the world’s most demanding companies by combining and applying the latest facilities infrastructure power, cooling, security, and controls at all scales and densities.

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Buyer(S) 1

Buyer

Canara

Atlanta, Georgia, United States
Category Company
Founded 1992
Sector Information Technology
DESCRIPTION

Canara, Inc. is a provider of predictive analytics and critical facility services. Canara offers subscription-based services and hardware-based options to meet customers’ financial and operational needs. Canara, Inc. was formed in 1992 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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