M&A Deal Summary

Vertu Capital Acquires Dejero

On April 21, 2021, private equity firm Vertu Capital acquired information technology company Dejero for 60M USD

Acquisition Highlights
  • This is Vertu Capital’s 2nd transaction in the Information Technology sector.
  • This is Vertu Capital’s largest (disclosed) transaction.
  • This is Vertu Capital’s 2nd transaction in Canada.
  • This is Vertu Capital’s 3rd transaction in Ontario.

M&A Deal Summary

Date 2021-04-21
Target Dejero
Sector Information Technology
Buyer(s) Vertu Capital
Deal Type Recapitalization
Deal Value 60M USD

Target

Dejero

Waterloo, Ontario, Canada
Dejero is a global provider of resilient connectivity solutions for critical communications. By aggregating LTE/5G, satellite, and broadband into a cloud-based “network of networks,” it delivers reliable, high-bandwidth connectivity with expanded coverage anywhere. Dejero was founded in 2008 and is based in Waterloo, Ontario.

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Buyer(S) 1

DESCRIPTION

Vertu Capital is a private investment firm focused on acquiring and investing in Canadian technology companies. Vertu targets established B2B companies with at least $15 million in revenue and enterprise values of up to $500 million. Vertu Capital was formed in 2016 and is headquartered in Toronto, Ontario.


DEAL STATS #
Overall 3 of 6
Sector: Information Technology M&A 2 of 2
Type: Recapitalization M&A Deals 1 of 1
State: Ontario M&A 3 of 5
Country: Canada M&A 2 of 5
Year: 2021 M&A 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Carta Worldwide

Oakville, Ontario, Canada

Carta Worldwide is a provider of transaction processing and payments technology, specializing in prepaid, mobile and emerging payments. Carta Worldwide was founded in 2007 and is based in Oakville, Ontario.

Sell $24M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 Firmex

Toronto, Ontario, France

Firmex is a virtual data room provider that has helped to drive the virtual data room marketplace with its SaaS secure document sharing platform to global financial institutions, law firms, and governments. Firmex’s secure and intuitive SaaS solution allows for the sharing of large volumes of confidential documents and mission-critical undertakings, including financial transactions, litigation, and compliance across a range of industries. Firmex was founded in 2006 and is based in Toronto, Ontario.

Sell -