M&A Deal Summary

IT Link Acquires Ciao

On December 14, 2023, IT Link acquired information technology company Ciao

Acquisition Highlights
  • This is IT Link’s 1st transaction in the Information Technology sector.
  • This is IT Link’s 1st transaction in Canada.
  • This is IT Link’s 1st transaction in Quebec.

M&A Deal Summary

Date 2023-12-14
Target Ciao
Sector Information Technology
Buyer(s) IT Link
Deal Type Add-on Acquisition

Target

Ciao

Québec, Quebec, Canada
Ciao is a digital services company focused on providing IT consulting services in Canada. The company articulates its expertise around several offers: systems development, digital studio, web accessibility, and inclusive design. Ciao is based in Québec City.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

IT Link

Le Kremlin-Bicêtre, France

Category Company
Founded 1986
Sector Information Technology
Employees773
Revenue 74M EUR (2023)
DESCRIPTION

IT Link is a digital services company specializing in Connected Systems with a mission to evolve connected systems in order to optimize and create the products and services for today and tomorrow. The company provides sensors and embedded intelligence, telecom and IOT, data intelligence, mobile applications, safety and security, business information systems, system engineering, change management, and new user experiences. IT Link was formed in 1986 and is based in Le Kremlin-Bicêtre, France.


DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 RADeS

Paris, France

RADeS is an independent consulting firm that does business with major French and international companies. The company is specialized in providing information systems governance, management and monitoring of business activities (BAM), quality of service monitoring, and establishment of service organizations. RADeS was formed in 2006 and is based in Paris.

Buy -