M&A Deal Summary

Converge Global Acquires Sparrowtech Multimedia

On October 23, 2009, Converge Global acquired media company Sparrowtech Multimedia

Acquisition Highlights
  • This is Converge Global’s 1st transaction in the Media sector.
  • This is Converge Global’s 1st transaction in Canada.
  • This is Converge Global’s 1st transaction in Ontario.

M&A Deal Summary

Date 2009-10-23
Target Sparrowtech Multimedia
Sector Media
Buyer(s) Converge Global
Deal Type Add-on Acquisition

Target

Sparrowtech Multimedia

Oakville, Ontario, Canada
Sparrowtech Multimedia Corp. is a provider of an innovative brand networking application that will include magazine, television and internet product distribution with a wide variety of complimentary services specifically designed for foodservice, hospitality and tourism professionals as well as domestic connoisseurs.

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Buyer(S) 1

Buyer

Converge Global

Toronto, Ontario, Canada

Category Company
Founded 1985
Sector Media
DESCRIPTION

Converge Global, Inc. is a provider of multimedia services.


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2009) 1 of 1