M&A Deal Summary

Thinking Capital Acquires Ario

On November 11, 2020, Thinking Capital acquired information technology company Ario

Acquisition Highlights
  • This is Thinking Capital’s 1st transaction in the Information Technology sector.
  • This is Thinking Capital’s 1st transaction in Canada.
  • This is Thinking Capital’s 1st transaction in Ontario.

M&A Deal Summary

Date 2020-11-11
Target Ario
Sector Information Technology
Buyer(s) Thinking Capital
Deal Type Add-on Acquisition

Target

Ario

Toronto, Ontario, Canada
Ario is a digital banking platform built for enterprises that provides access to credit solutions through a simple, yet powerful platform. Ario offers customized banking services with brands when and where customers need them. Ario was formed in 2017 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Thinking Capital

Montreal, Quebec, Canada

Category Company
Founded 2006
Sector Financial Services
DESCRIPTION

Thinking Capital Corp. is a financial technology company that provides financing to small and medium-sized enterprises (SME).


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
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: 2020 M&A 1 of 1