M&A Deal Summary

Service Express Acquires Mid-Range

On December 4, 2024, Service Express acquired information technology company Mid-Range

Acquisition Highlights
  • This is Service Express’ 10th transaction in the Information Technology sector.
  • This is Service Express’ 1st transaction in Canada.
  • This is Service Express’ 1st transaction in Ontario.

M&A Deal Summary
Date 2024-12-04
Target Mid-Range
Sector Information Technology
Buyer(s) Service Express
Deal Type Add-on Acquisition
Advisor(s) CCC Investment Banking (Financial)
Holmberg Watson (Legal)

Target

Mid-Range

Markham, Ontario, Canada
Mid-Range is a Gold IBM Business Partner specializing in cloud, managed infrastructure, professional services, and more. Mid-Range serves customers of all sizes and industries across North America. Mid-Range was founded in 1988 and is based in Markham, Ontario.

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Buyer(S) 1

Buyer

Service Express

Grand Rapids, Michigan, United States
Category Company
Founded 1986
Sector Information Technology
DESCRIPTION

Service Express is a provider of Third Party Maintenance (“TPM”) services for mission-critical data center infrastructure focused on server and storage equipment. Service Express was founded in 1986 and is based in Grand Rapids, Michigan.

DEAL STATS #
Overall 10 of 10
Sector (Information Technology) 10 of 10
Type (Add-on Acquisition) 9 of 9
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-07 ServIQ

Weymouth, Maryland, United States

ServIQ is a data center support provider specializing in third-party maintenance, managed services, hardware solutions, and more. The company has transformed how organizations to purchase, maintain and upgrade IT equipment. It works alongside some of the world's largest brands and Fortune 500 customers. ServIQ was formed in 2004 and is based in Weymouth, Maryland.

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Mergr

Product

Company

Legal