M&A Deal Summary

World Wide Technology Holding Co. Inc Acquires Softchoice

On December 31, 2024, World Wide Technology Holding Co. Inc acquired information technology company Softchoice from Birch Hill Equity Partners for 1.8B USD

Acquisition Highlights
  • This is World Wide Technology Holding Co. Inc’s 3rd transaction in the Information Technology sector.
  • This is World Wide Technology Holding Co. Inc’s largest (disclosed) transaction.
  • This is World Wide Technology Holding Co. Inc’s 1st transaction in Canada.
  • This is World Wide Technology Holding Co. Inc’s 1st transaction in Ontario.

M&A Deal Summary

Date 2024-12-31
Target Softchoice
Sector Information Technology
Buyer(s) World Wide Technology Holding Co. Inc
Sellers(s) Birch Hill Equity Partners
Deal Type Add-on Acquisition
Deal Value 1.8B USD
Advisor(s) TD Securities (Financial)
Stikeman Elliott (Legal)

Target

Softchoice

Toronto, Ontario, Canada
Softchoice is a provider of IT solutions and managed services providers in North America. The company combines the efficiency and reliability of a national IT supplier with the personal touch and technical expertise of a local solutions provider. Softchoice was formed in 1989 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

World Wide Technology Holding Co. Inc

St. Louis, Missouri, United States

Category Company
Founded 1990
Sector Business Services
DESCRIPTION

World Wide Technology specializes in business-to-business electronic trading. It enables the buying and selling of products and services in the telecommunications industry by aggregating the broad range of manufacturer and distributor products.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 3 of 3
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: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-05 Asynchrony

St. Louis, Montana, United States

Asynchrony, Inc. is an information technology consulting firm specializing in application development, mobile computing, systems and sensor integration, enterprise architecture and tactical collaboration.

Buy -

Seller(S) 1

SELLER

Birch Hill Equity Partners

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 5.0B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Birch Hill Equity Partners is a middle-market private equity firm focused on investments in Canadian companies. Birch Hill targets growth oriented businesses valued between C$50 and C$1000 million. Sectors of interest include agriculture, communications, energy, environmental, entertainment, distribution, healthcare, manufacturing, software, and technology. Birch Hill will not consider investments in real estate, pure commodity companies or start ups. Birch Hill Equity Partners was formed in 1994 and is based in Toronto, Canada.


DEAL STATS #
Overall 39 of 39
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 18 of 18
State: Ontario M&A 22 of 22
Country: Canada M&A 32 of 32
Year: 2024 M&A 2 of 2
Size (of disclosed) 4 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-02 CCM Hockey

Montreal, Quebec, Canada

CCM Hockey is a designer, manufacturer, and marketer of hockey equipment and related apparel. With operations in Canada, the United States, and Europe. CCM Hockey was founded in 1899 and is based in Montreal, Quebec.

Sell -