M&A Deal Summary

TeraGo Networks Acquires RackForce Networks

On March 27, 2015, TeraGo Networks acquired internet software and services company RackForce Networks for 33M USD

Acquisition Highlights
  • This is TeraGo Networks’ 2nd transaction in the Internet Software and Services sector.
  • This is TeraGo Networks’ largest (disclosed) transaction.
  • This is TeraGo Networks’ 3rd transaction in Canada.
  • This is TeraGo Networks’ 2nd transaction in British Columbia.

M&A Deal Summary
Date 2015-03-27
Target RackForce Networks
Sector Internet Software and Services
Buyer(s) TeraGo Networks
Deal Type Add-on Acquisition
Deal Value 33M USD

Target

RackForce Networks

Kelowna, British Columbia, Canada
RackForce Networks, Inc. is a canadian enterprise cloud service provider and serves clients both nationally and globally.

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Buyer(S) 1

Buyer

TeraGo Networks

Thornhill, Ontario, Canada
Category Company
Founded 1999
Sector Communications
DESCRIPTION

TeraGo Networks (TSX:TGO) provides Wireless Broadband Services to businesses in Canada, which include High Speed Internet, Data Networking, and Internet Redundancy. We deliver high-capacity, symmetrical bandwidth using Fixed Wireless Technology, which offers businesses a Cost-Effective Alternative to other traditional wireline options such as fibre optic, copper and cable.

DEAL STATS #
Overall 3 of 4
Sector (Internet Software and Services) 2 of 3
Type (Add-on Acquisition) 3 of 3
State (British Columbia) 2 of 2
Country (Canada) 3 of 4
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-23 Vancouver Data Center

Vancouver, British Columbia, Canada

Vancouver Data Center is a provider of managed hosting servers and cloud services spread over an area of 7,000 square feet.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-13 AirVM - Hosting Business

Ottawa, Ontario, Canada

AirVM - Hosting Business is a provider of hosting services.

Buy -
Mergr

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