M&A Deal Summary

F12.net Acquires OnDeck Systems

On August 30, 2017, F12.net acquired information technology company OnDeck Systems

Acquisition Highlights
  • This is F12.net’s 2nd transaction in the Information Technology sector.
  • This is F12.net’s 2nd transaction in Canada.
  • This is F12.net’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2017-08-30
Target OnDeck Systems
Sector Information Technology
Buyer(s) F12.net
Deal Type Add-on Acquisition

Target

OnDeck Systems

Courtenay, British Columbia, Canada
OnDeck Systems, Inc. is an IT service provider. OnDeck partners with its clients to understand their business requirements and to take ownership of their IT while managing the full life cycle of these needs. OnDeck Systems, Inc. is based in Courtenay, British Columbia.

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Buyer(S) 1

Buyer

F12.net

Edmonton, Alberta, Canada

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

F12.net is a provider of hardware-as-a-service, managed services and cloud solutions for small and medium sized businesses. F12.net distills complex infrastructure, support, cloud, cybersecurity, and software licensing into turnkey service bundles for its clients. F12.net was founded in 1996 and is based in Edmonton, Alberta.


DEAL STATS #
Overall 2 of 8
Sector: Information Technology M&A 2 of 8
Type: Add-on Acquisition M&A Deals 2 of 8
State: British Columbia M&A 1 of 4
Country: Canada M&A 2 of 8
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-20 XCEL Professional Services

Calgary, Alberta, Canada

XCEL Professional Services, Inc. is a managed IT services provider. XCEL manages the full life cycle from strategic planning, through solution design, to implementations, support and proactive maintenance of the network. XCEL Professional Services, Inc. was founded in 2009 and is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-18 Protocol Technologies

Vernon, British Columbia, Canada

Protocol Technologies, Inc. is an IT service provider. Driven by advancing technology, Protocol is committed to reinforcing the stakeholder value of its clients by providing and managing IT services through the entirety of that life cycle. Protocol Technologies, Inc. was founded in 1993 and is based in Vernon, British Columbia.

Buy -