M&A Deal Summary

Xerox Acquires Powerland

On February 2, 2022, Xerox acquired internet software and services company Powerland

Acquisition Highlights
  • This is Xerox’s 3rd transaction in the Internet Software and Services sector.
  • This is Xerox’s 4th transaction in Canada.
  • This is Xerox’s 1st transaction in Manitoba.

M&A Deal Summary
Date 2022-02-02
Target Powerland
Sector Internet Software and Services
Buyer(s) Xerox
Deal Type Add-on Acquisition

Target

Powerland

Winnipeg, Manitoba, Canada
Powerland is a provider of technology solutions and services including cloud, hybrid cloud, cyber security, and end-user computing solutions based on individual business needs. Powerland is based in Winnipeg, Manitoba.

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Buyer(S) 1

Buyer

Xerox

Norwalk, Connecticut, United States
Category Company
Founded 1906
Sector Business Services
Employees18,700
Revenue 6.9B USD (2023)
DESCRIPTION
Xerox office in downtown Chicago, Illinois.
Xerox office in downtown Chicago, Illinois.

Xerox is a provider of business process and document management services worldwide. Xerox was founded in 1906 and is based in Norwalk, Connecticut.

DEAL STATS #
Overall 47 of 49
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 44 of 46
State (Manitoba) 1 of 1
Country (Canada) 4 of 4
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 C2

Colchester, Vermont, United States

C2 provides information technology services that enable businesses to improve competitiveness in the global market. C2 serves customers throughout New England and the United States. C2 was founded in 1993 and is based in Colchester, Vermont.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-05 Go Inspire

Leicester, United Kingdom

Go Inspire is a print and digital marketing and communication services provider to grow its global Digital Services presence. Go Inspire was founded in 1992 and is based in Leicester, England.

Buy -
Mergr

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