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M&A Deal Summary

CentriLogic Acquires WatServ

On December 5, 2022, CentriLogic acquired information technology company WatServ

Acquisition Highlights
  • This is CentriLogic’s 5th transaction in the Information Technology sector.
  • This is CentriLogic’s 3rd transaction in Canada.
  • This is CentriLogic’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2022-12-05
Target WatServ
Sector Information Technology
Buyer(s) CentriLogic
Deal Type Add-on Acquisition

Target

WatServ

Toronto, Ontario, Canada
WatServ is an IT solutions provider that helps organizations digitally transform through cloud technologies and managed services. The company provides experience-tested, strategic solutions across all stages of the digital transformation journey. Clients choose WatServ to migrate infrastructure and applications to the cloud, secure critical data, implement disaster recovery, deploy virtual desktops, enable data-readiness for productivity solutions and manage IT environments. It provides scalable offerings that simplify cloud adoption and drive business optimization to help mid-size clients. WatServ was formed in 2006 and is based in Toronto, Oregon.

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Buyer(S) 1

Buyer

CentriLogic

Mississauga, Ontario, Canada
Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

CentriLogic is a provider of managed hosting, cloud computing, and advanced IT outsourcing solutions. CentriLogic was founded in 2007 and is based in Mississauga, Ontario.

DEAL STATS #
Overall 7 of 7
Sector: Information Technology M&A 5 of 5
Type: Add-on Acquisition M&A Deals 7 of 7
State: Ontario M&A 3 of 3
Country: Canada M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-06 3rp

Scottsdale, Arizona, United States

3rp is a provider of managed services for Oracle Cloud Infrastructure (OCI), Oracle Applications, and Databases. 3rp helps clients set strategies, define architectures, integrate applications, deliver solutions and support both on premise and cloud based environments. 3rp was founded in 2005 and is based in Scottsdale, Arizona.

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