M&A Deal Summary

Converge Technology Solutions Acquires InterDynamix Systems

On March 28, 2022, Converge Technology Solutions acquired business services company InterDynamix Systems

Acquisition Highlights
  • This is Converge Technology Solutions’ 2nd transaction in the Business Services sector.
  • This is Converge Technology Solutions’ 6th transaction in Canada.
  • This is Converge Technology Solutions’ 1st transaction in Alberta.

M&A Deal Summary
Date 2022-03-28
Target InterDynamix Systems
Sector Business Services
Buyer(s) Converge Technology Solutions
Deal Type Add-on Acquisition

Target

InterDynamix Systems

Edmonton, Alberta, Canada
Interdynamix is a provider of an equal parts solution engineering and business consulting services. Interdynamix was founded in 1995 and is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

Converge Technology Solutions

Toronto, Ontario, Canada
Category Company
Sector Information Technology
DESCRIPTION

Converge Technology Solutions Corp. is a provides a platform of regionally-focused Hybrid IT solutions providers to enhance their ability to provide multi-cloud solutions, blockchain, resiliency, and managed services. Converge Technology Solutions is based in Toronto, Ontario.

DEAL STATS #
Overall 26 of 33
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 26 of 33
State (Alberta) 1 of 1
Country (Canada) 6 of 7
Year (2022) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 1CRM Systems

Victoria, British Columbia, Canada

1CRM Systems specializes in cloud software solutions that equip small- and medium-sized organizations with integrated business information while improving their cost model and streamlining their internal business processes. 1CRM Systems was founded in 1997 and is based in Victoria, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-01 CBI

Ferndale, Michigan, United States

CBI is a services-led team focused on cybersecurity solutions that make the world a safer place. Comprised of strategists, former CISOs, and security experts, CBI works tirelessly to identify and stop would-be breaches before they impact an organization. CBI’s main focus areas of threat-detection and obstruction lie in helping defend and secure networks and endpoints, testing and monitoring areas of operational risk, and protecting data. The company’s offerings range from security programs to architecture and integration to managed security. CBI was founded in 1991 and is based in Ferndale, Michigan.

Buy -
Mergr

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