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  6. LeoNovus Acquires PureColo

M&A Deal Summary

LeoNovus Acquires PureColo

On March 5, 2020, LeoNovus acquired information technology company PureColo

Acquisition Highlights
  • This is LeoNovus’ 1st transaction in the Information Technology sector.
  • This is LeoNovus’ 1st transaction in Canada.
  • This is LeoNovus’ 1st transaction in Ontario.

M&A Deal Summary
Date 2020-03-05
Target PureColo
Sector Information Technology
Buyer(s) LeoNovus
Deal Type Add-on Acquisition

Target

PureColo

Ottawa, Ontario, Canada
PureColo, Inc. is a supplier of carrier-neutral data centers in a 5,000 sq. ft facility in Kanata Ontario and it intends to disrupt the self-serve colocation market with a no-frills, carrier-neutral, wholesale priced model combined with decades of experience delivering to this industry.

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Buyer(S) 1

Buyer

LeoNovus

Ottawa, Ontario, Canada
Category Company
Sector Software
Employees5
DESCRIPTION

LeoNovus is a software provider that offers storage solutions that allow organizations to embrace cloud storage securely, simply and cost-effectively while giving them the flexibility to deal with the ever-evolving cloud storage landscape. LeoNovus is based in Ottawa, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
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