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  6. Pantek Acquires Pencilneck Software

M&A Deal Summary

Pantek Acquires Pencilneck Software

On June 13, 2016, Pantek acquired software company Pencilneck Software

Acquisition Highlights
  • This is Pantek’s 1st transaction in the Software sector.
  • This is Pantek’s 1st transaction in Canada.
  • This is Pantek’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2016-06-13
Target Pencilneck Software
Sector Software
Buyer(s) Pantek
Deal Type Add-on Acquisition

Target

Pencilneck Software

Vancouver, British Columbia, Canada
Pencilneck Software is a web software development company focused on the development of online products and online service offerings. Pencilneck was formed in 2003 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Pantek

Independence, Ohio, United States
Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

Pantek, Inc. is a provider of IT Services to companies using Linux and Open-Source Software. Pantek was formed in 1995 and is based in Independence, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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