M&A Deal Summary

Coreio Acquires intelliNet Technologies

On August 23, 2019, Coreio acquired information technology company intelliNet Technologies

Acquisition Highlights
  • This is Coreio’s 1st transaction in the Information Technology sector.
  • This is Coreio’s 1st transaction in Canada.
  • This is Coreio’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2019-08-23
Target intelliNet Technologies
Sector Information Technology
Buyer(s) Coreio
Deal Type Add-on Acquisition

Target

intelliNet Technologies

Richmond, British Columbia, Canada
intelliNet Technologies, Inc. provides network computing managed services to corporate clients in Canada for both On-Premise & Cloud Computing. The company engages in partnerships with clients by providing outsourced IT Services for their mission-critical enterprise systems. intelliNet Technologies was formed in 2001 and is based in Richmond, British Columbia.

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Buyer(S) 1

Buyer

Coreio

Woodbridge, Ontario, Canada

Category Company
Founded 1981
Sector Information Technology
DESCRIPTION

Coreio is an IT services company that delivers high-quality enterprise-scale IT Infrastructure and Operations solutions for companies across North America. The company enables it's client partners to focus on their business while it takes care of the IT issues that are core to their organizations’ productivity. Coreio was formed in 1981 and is based in Woodbridge, Ontario.


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: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1