M&A Deal Summary

Pivot Technology Solutions Acquires TeraMach Technologies

On October 3, 2016, Pivot Technology Solutions acquired information technology company TeraMach Technologies

Acquisition Highlights
  • This is Pivot Technology Solutions’ 2nd transaction in the Information Technology sector.
  • This is Pivot Technology Solutions’ 1st transaction in Canada.
  • This is Pivot Technology Solutions’ 1st transaction in Ontario.

M&A Deal Summary

Date 2016-10-03
Target TeraMach Technologies
Sector Information Technology
Buyer(s) Pivot Technology Solutions
Deal Type Add-on Acquisition

Target

TeraMach Technologies

Ottawa, Ontario, Canada
TeraMach Technologies, Inc. is a provider of information technology products and services. TeraMach Technologies, Inc. was established in 1996 and is headquartered in Ottawa, Ontario.

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Buyer(S) 1

Buyer

Pivot Technology Solutions

Markham, Ontario, Canada

Category Company
Founded 2010
Sector Information Technology
Revenue 1.6B USD (2019)
DESCRIPTION

Pivot Technology Solutions is a provider of technology solutions and services. Pivot delivers solutions that enable organizations to design, build, implement and maintain computing and communication infrastructure that addresses their unique business needs. Pivot Technology Solutions was founded in 2010 and is based in Markham, Ontario.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-28 ProSys

Norcross, Georgia, United States

ProSys is a value-added reseller and a provider of IT infrastructure solutions to a broad range of markets. ProSys deploys customized, leading-edge solutions from premier technology vendors that help enterprise, public sector and educational customers address their most complex IT infrastructure needs.

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