M&A Deal Summary

Fully Managed Acquires Wappo

On June 3, 2021, Fully Managed acquired information technology company Wappo

Acquisition Highlights
  • This is Fully Managed’s 2nd transaction in the Information Technology sector.
  • This is Fully Managed’s 2nd transaction in Canada.
  • This is Fully Managed’s 1st transaction in Alberta.

M&A Deal Summary

Date 2021-06-03
Target Wappo
Sector Information Technology
Buyer(s) Fully Managed
Deal Type Add-on Acquisition

Target

Wappo

Calgary, Alberta, Canada
Wappo is a provider of IT and cloud solutions that provide small- and medium-sized businesses with IT services and specializes in the Microsoft Azure cloud computing platform. Wappo was founded in 2002 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Fully Managed

Ottawa, Ontario, Canada

Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

Fully Managed is an Information Technology support, management, consulting, cloud and voice services to businesses and non-profit organizations. Fully Managed was founded in 2002 and is based in Ottawa, Ontario.


DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Alberta) 1 of 1
Country (Canada) 2 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 CareWorx

Ottawa, Ontario, Canada

CareWorx is a global managed service provider (MSP) and the market-leader in technology solutions for senior care. The CareWorx Managed IT division provides organizations with a complete platform to deliver 24×7 service desk, IT service management, IT automation, security and self-service to end-users. CareWorx was founded in 2003 and is based in Ottawa, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-29 Quartet Services

Toronto, Ontario, Canada

Quartet Services is a provider of IT solutions for mid-sized organizations, providing a range of services including IT planning, asset management services, managed security, hosted server infrastructure, 24x7 support, project management, telephony, and consulting. Quartet Services was founded in 1998 and is based in Toronto, Ontario.

Buy -