M&A Deal Summary

Hypertec Systems Acquires cloud.ca

On November 2, 2021, Hypertec Systems acquired internet software and services company cloud.ca

Acquisition Highlights
  • This is Hypertec Systems’ 1st transaction in the Internet Software and Services sector.
  • This is Hypertec Systems’ 1st transaction in Canada.
  • This is Hypertec Systems’ 1st transaction in Quebec.

M&A Deal Summary

Date 2021-11-02
Target cloud.ca
Sector Internet Software and Services
Buyer(s) Hypertec Systems
Deal Type Add-on Acquisition

Target

cloud.ca

Montreal, Quebec, Canada
cloud.ca is a self-service utility cloud platform that offers personalized support 24 x 7 in both English and French. cloud.ca offers data sovereign, flexible multi-tenant & private deployment options, seamlessly managed as part of broader hybrid, multi-cloud and edge deployments. cloud.ca was founded in 2014 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Hypertec Systems

Saint-Laurent, Quebec, Canada

Category Company
Founded 1984
Sector Information Technology
DESCRIPTION

Hypertec Systems is a technology provider that offers a wide range of cutting-edge infrastructure technology products and services which are trusted by leading cloud, communication, financial services, media and entertainment, healthcare, and public sector organizations. Hypertec Systems was founded in 1984 and is based in Saint-Laurent, Quebec.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 Hypertec Systems - Hyperscale Data Center Operations

Saint-Laurent, Quebec, Canada

Hypertec Systems' Hyperscale Data Center Operations provides 81MW of IT capacity in Province of Quebec.

Sell -