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  6. Loffler Companies Acquires Clear North Technologies

M&A Deal Summary

Loffler Companies Acquires Clear North Technologies

On March 15, 2016, Loffler Companies acquired information technology company Clear North Technologies

Acquisition Highlights
  • This is Loffler Companies’ 2nd transaction in the Information Technology sector.
  • This is Loffler Companies’ 5th transaction in the United States.
  • This is Loffler Companies’ 3rd transaction in Minnesota.

M&A Deal Summary
Date 2016-03-15
Target Clear North Technologies
Sector Information Technology
Buyer(s) Loffler Companies
Deal Type Add-on Acquisition

Target

Clear North Technologies

Plymouth, Minnesota, United States
Clear North Technologies is an IT solutions provider that includes data virtualization, storage, protection, security and managed services.

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Buyer(S) 1

Buyer

Loffler Companies

Bloomington, Minnesota, United States
Category Company
Founded 1986
Sector Technology Hardware
DESCRIPTION

Loffler Companies, Inc. is a technology and service provider. Loffler delivers a full suite of multifunctional imaging products and services, managed print services, voice technology, document workflow consulting and software, on-site managed services, and IT managed services.

DEAL STATS #
Overall 5 of 9
Sector: Information Technology M&A 2 of 3
Type: Add-on Acquisition M&A Deals 5 of 9
State: Minnesota M&A 3 of 4
Country: United States M&A 5 of 9
Year: 2016 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-04 Laser Technology

St. Paul, Minnesota, United States

Laser Technology, Inc. is a Managed Print Services (MPS) company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-06 A+ Imaging Systems

Onalaska, Wisconsin, United States

A+ Imaging Systems, Inc. is a provider of digital copiers, printers, high-speed scanners, facsimile equipment and other print management products.

Buy -
Mergr

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