M&A Deal Summary

Givex Acquires Kalex Equipment Services

On January 21, 2022, Givex acquired information technology company Kalex Equipment Services

Acquisition Highlights
  • This is Givex’s 2nd transaction in the Information Technology sector.
  • This is Givex’s 2nd transaction in Canada.
  • This is Givex’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2022-01-21
Target Kalex Equipment Services
Sector Information Technology
Buyer(s) Givex
Deal Type Add-on Acquisition

Target

Kalex Equipment Services

Scarborough, Ontario, Canada
Kalex Equipment Services is an IT service and consulting business that specializes in physical and digital retail enablement and has delivered over 600,000 point-of-sale lanes across North America. Kalex Equipment Services was formed in 1995 and is based in Scarborough, Ontario.

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Buyer(S) 1

Buyer

Givex

Toronto, Ontario, Canada

Category Company
Founded 1999
Sector Internet Software and Services
Employees259
DESCRIPTION

Givex is a provider of cloud-based operations management solutions designed to streamline business efficiencies and generate valuable and actionable customer data. Givex was founded in 1999 and is based in Toronto, Ontario.


DEAL STATS #
Overall 4 of 6
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 3 of 5
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 PI Cash Systeme S.a.r.l.

Nyon, Switzerland

Pi Cash Systeme is a provider of point of sale systems, automatic coin changers and badge loading terminals. The company has provided secure and user-friendly payment solutions for hotels, restaurants, and retailers for over 20 years and has a reputation for developing technological solutions to fit client needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-18 Loyalty Lane

Marietta, Georgia, United States

Loyalty Lane is an online transaction processing and CRM marketing services firm for the retail industry. The company's SaaS-based solution helps retailers enhance customer loyalty by instantly capturing all POS data and giving shoppers instantaneous "rewards" for points or other promotions while they are still in the checkout lane. Loyalty Lane also provides marketing services that analyze retailers' data and recommend targeted promotions to retain and grow existing customer sales and to acquire new customers. This combination of technology and services provides independent and regional retailers with powerful marketing programs that enable them to compete with their larger competition. Loyalty Lane is based in Marietta, Georgia.

Buy -