Add-on Acquisition • Information Technology

MNP Acquires Greenridge Business Systems

On March 2, 2011, MNP acquired information technology company Greenridge Business Systems

Acquisition Context
  • This is MNP’s 1st transaction in the Information Technology sector.
  • This is MNP’s 3rd transaction in Canada.
  • This is MNP’s 1st transaction in Manitoba.

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M&A Deal Summary

Date March 2, 2011
Target Greenridge Business Systems
Sector Information Technology
Buyer(s) MNP
Deal Type Add-on Acquisition

Target Company

Greenridge Business Systems

Winnipeg, Manitoba, Canada
Greenridge Business Systems Corp. provider of information technology consulting services to local, national and multi-national corporations and government.
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Buyer Overview 1

Buyer

MNP

Calgary, Quebec, Canada

Category Company
Founded 1945
Sector Business Services
DESCRIPTION

MNP LLP offering the full spectrum of accounting, tax and consulting services to a variety of corporate clients, with a focus on serving First Nations.


Deal Context for Buyer #
Overall 3 of 8
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 3 of 6
State: Manitoba 1 of 2
Country: Canada 3 of 8
Year: 2011 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-01 WSBG

Canada

WSBG has grown to become a highly successful mid-sized accounting firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-19 Retford Lane Bates

Ontario, Canada

Retford Lane Bates is a chartered accounting and business advisory firm that focuses on credit unions throughout Ontario, while also serving private companies and not-for-profit organizations.

Buy -