M&A Deal Summary

PG Solutions Acquires Manitou

On June 17, 2022, PG Solutions acquired software company Manitou from Momentum Technologies

Acquisition Highlights
  • This is PG Solutions’ 2nd transaction in the Software sector.
  • This is PG Solutions’ 3rd transaction in Canada.
  • This is PG Solutions’ 3rd transaction in Quebec.

M&A Deal Summary

Date 2022-06-17
Target Manitou
Sector Software
Buyer(s) PG Solutions
Sellers(s) Momentum Technologies
Deal Type Divestiture

Target

Manitou

Quebec, Quebec, Canada
Manitou connects all company data, including project management (activities and assignments), invoicing and accounting, as well as HR and staffing management. Manitou is based in Quebec City.

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Buyer(S) 1

Buyer

PG Solutions

Quebec City, Quebec, Canada

Category Company
Founded 1980
Sector Software
DESCRIPTION

PG Solutions, Inc. designs and delivers integrated management software packages (ERP) as well as solutions designed for citizens. PG Solutions was founded in 1980 and is based in Quebec City.


DEAL STATS #
Overall 3 of 3
Sector (Software) 2 of 2
Type (Divestiture) 2 of 2
State (Quebec) 3 of 3
Country (Canada) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-12 Juris Concept - Legal Management Software Business

Quebec, Canada

Juris Concept's Legal Management Software Business develops and supports management solutions for lawyers and all stakeholders in the legal field.

Buy -

Seller(S) 1

SELLER

Momentum Technologies

Dallas, Texas, United States

Category Company
Founded 2016
Sector Electrical Equipment
DESCRIPTION

Momentum Technologies is a lithium-ion battery and rare earth permanent magnet recycling company. installs and operates recycling plants for its customers at a wide range of capacities using its patented modular, scalable recycling technology, Membrane Solvent Extraction. Momentum Technologies was founded in 2016 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1