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M&A Deal Summary

Convergence Networks Acquires Clear Concepts

On November 10, 2025, Convergence Networks acquired information technology company Clear Concepts

Acquisition Highlights
  • This is Convergence Networks’ 2nd transaction in the Information Technology sector.
  • This is Convergence Networks’ 1st transaction in Canada.
  • This is Convergence Networks’ 1st transaction in Manitoba.

M&A Deal Summary
Date 2025-11-10
Target Clear Concepts
Sector Information Technology
Buyer(s) Convergence Networks
Deal Type Add-on Acquisition

Target

Clear Concepts

Winnipeg, Manitoba, Canada
Clear Concepts provides managed IT, cybersecurity, cloud migration, and technology consulting services for businesses and organisations. Clear Concepts supports sectors such as healthcare, education, nonprofit, and municipal government with services spanning network management, digital transformation, and AI adoption. Clear Concepts was founded in 2001 and is headquartered in Winnipeg, Manitoba.

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Buyer(S) 1

Buyer

Convergence Networks

Portland, Oregon, United States
Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

Convergence Networks is a Managed IT Service Provider based in Portland, Oregon along with its sister company Luminant Security who provides Managed Cybersecurity Services. It is focused on attracting talented and passionate people who work with their SMB clients as strategic partners to drive results. They offer a full spectrum of solutions covering cybersecurity, strategic planning, end user support, cloud, and hardware. Convergence Networks was founded in 2000 and is based in Portland, Oregon.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Manitoba M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-16 SWAT

Seattle, Washington, United States

SWAT is a managed service provider that offers hardware, software, and technology support. SWAT focuses on managing customers’ technology with top-tier service. SWAT was founded in 1999 and is based in Seattle, Washington.

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