M&A Deal Summary

Connex Telecommunications Acquires CanCable

On July 5, 2016, Connex Telecommunications acquired information technology company CanCable

Acquisition Highlights
  • This is Connex Telecommunications’ 1st transaction in the Information Technology sector.
  • This is Connex Telecommunications’ 1st transaction in Canada.
  • This is Connex Telecommunications’ 1st transaction in Ontario.

M&A Deal Summary

Date 2016-07-05
Target CanCable
Sector Information Technology
Buyer(s) Connex Telecommunications
Deal Type Add-on Acquisition

Target

CanCable

Hamilton, Ontario, Canada
CanCable, Inc. (DependableIT) is a provider of technical support services to large enterprise customers including Service Providers (SPs).

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Buyer(S) 1

Buyer

Connex Telecommunications

Richmond hill, Ontario, Canada

Category Company
Sector Communications
DESCRIPTION

Connex Telecommunications, Inc. is a canadian national telecommunications provider which engineers, designs, implements and services end to end Telecommunications solutions.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1