M&A Deal Summary

Openface Internet Acquires Pre2Post

On November 25, 2015, Openface Internet acquired internet software and services company Pre2Post

Acquisition Highlights
  • This is Openface Internet’s 1st transaction in the Internet Software and Services sector.
  • This is Openface Internet’s 1st transaction in Canada.
  • This is Openface Internet’s 1st transaction in Quebec.

M&A Deal Summary

Date 2015-11-25
Target Pre2Post
Sector Internet Software and Services
Buyer(s) Openface Internet
Deal Type Add-on Acquisition

Target

Pre2Post

Montreal, Quebec, Canada
Pre2Post, Inc. (ZEROFAIL) is an infrastructure as a service (IaaS) company provides hosting and private fibre-optic network solutions, including disaster recovery and data management.

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Buyer(S) 1

Buyer

Openface Internet

Montreal, Quebec, Canada

Category Company
Founded 1996
Sector Communications
DESCRIPTION

Openface Internet is a provider of fiber-based telecom services primarily to small and medium-sized businesses as well as enterprise customers. Openface Internet was established in 1996 and is based in Montreal, Quebec.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1