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  6. Komutel Acquires Novo Technologies

M&A Deal Summary

Komutel Acquires Novo Technologies

On March 5, 2013, Komutel acquired oil/gas exploration company Novo Technologies

Acquisition Highlights
  • This is Komutel’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Komutel’s 2nd transaction in Canada.
  • This is Komutel’s 1st transaction in Quebec.

M&A Deal Summary
Date 2013-03-05
Target Novo Technologies
Sector Oil/Gas Exploration
Buyer(s) Komutel
Deal Type Add-on Acquisition

Target

Novo Technologies

Levis, Quebec, Canada
Novo as a leading developer of innovative, flexible and parameter driven call recording and quality control software.

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Buyer(S) 1

Buyer

Komutel

St. Georges, Quebec, Canada
Category Company
Sector Software
DESCRIPTION

Komutel is an enterprise communication software developer, specializing in the development and marketing of open-ended and innovative solutions in the telecommunications sector. Komutel is based in St. Georges, Quebec.

DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Quebec M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-02 ConverTec

Burlington, Ontario, Canada

ConverTec is a telecommunications software developer that will enable Komutel, a Canadian manufacturer of integrated telecommunications solutions for small, medium and large enterprises to further expand in PC based attendant consoles and integration tools space.

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