IT Services Acquisitions in Canada
IT Services Deal Activity in Canada
This page summarizes recent acquisitions and minority investments in the Canadian IT services sector, highlighting strategic moves that expand cloud, managed services, ERP and digital experience capabilities. Transactions range from local MSP investments to cross‑border rollups and platform mergers.
Buyers include strategic acquirers such as Ricoh Canada Inc., CGI Inc. and managed‑services specialists, as well as financial sponsors like H.I.G. Capital, CenterGate Capital and AYCE Capital. Common themes are expanding Microsoft, Oracle/NetSuite and Sitecore expertise, adding AI and cybersecurity capabilities, and strengthening regional delivery in Alberta, Ontario, Manitoba and Quebec.
What Stands Out
- Strategic and financial buyers are active: repeat buyers on the page include Bell, Accenture, CGI Inc., Calian Group Ltd., Carbon60 and private equity sponsors such as H.I.G. Capital and CenterGate Capital.
- Capability expansion is a recurring rationale: deals commonly add Microsoft (Dynamics/365, Modern Work, Azure), ERP (NetSuite, Business Central), Sitecore/AI, AV/hybrid workplace engineering, and cybersecurity or managed‑services depth.
- Geographic clustering in Canada: recent transactions are concentrated in Alberta, Ontario, Manitoba and Quebec, often strengthening provincial delivery hubs.
- Deal structure variety: examples include minority investments to support growth (AYCE Capital with Solid Technology Solutions), strategic tuck‑ins and capability buys (Ricoh acquiring ET Group, F12.net acquiring AMTRA Solutions), and larger platform M&A/mergers (H.I.G. Capital merging Converge Technology Solutions with Mainline to form Pellera Technologies).
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March 16, 2026
- Buyer
- Aurora Energy Research
- Target
- EDC Associates Ltd.
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Buyout
Aurora Energy Research has announced it is acquiring EDC Associates Ltd., a specialist consultancy with deep expertise in Alberta’s power market. The deal is intended to strengthen Aurora’s local market coverage ahead of Alberta’s Restructured Energy Market (REM) transition and to enhance the analytics Aurora can deliver to clients.
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March 13, 2026
- Buyer
- Sphere 3D
- Target
- Cathedra Bitcoin Inc.
- Industry
- IT Services
- Location
- Canada
- Type
- Buyout
Sphere 3D entered into a definitive agreement to acquire Cathedra Bitcoin Inc. in an all-stock transaction. The combined company will focus on high-density computing infrastructure, digital assets, and energy optimization, integrating Sphere’s bitcoin mining fleet with Cathedra’s power and data center development capabilities.
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February 27, 2026
- Buyer
- TLM
- Target
- SimplyPHP
- Industry
- IT Services
- Location
- Canada
- Type
- Buyout
SimplyPHP, a Canadian provider of senior PHP development and staff augmentation services, was acquired by TLM, a Canadian technology product development company. The companies will continue to operate independently, with SimplyPHP’s management team and employees remaining in place, and Bhaskor Guha appointed CEO of SimplyPHP.
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February 18, 2026
- Buyer
- AYCE Capital
- Target
- Solid Technology Solutions (Solid Tech)
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Growth capital
AYCE Capital announced an investment in Solid Technology Solutions (“Solid Tech”), an Edmonton, Alberta-based managed services provider focused on serving the healthcare sector. The deal will provide Solid Tech with additional scale and operational support, including AYCE taking on core back-office functions such as sales, finance, and vendor management.
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February 16, 2026
- Buyer
- Innovia Consulting
- Target
- 365Vertical, 365 Cannabis
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Innovia Consulting has acquired Microsoft partner firms 365Vertical and 365 Cannabis to expand its industry‑focused Microsoft Dynamics 365 Business Central portfolio. The deal brings specialized ERP and seed‑to‑sale capabilities and teams into Innovia to broaden vertical solutions for regulated industries such as cannabis, agriculture, and manufacturing.
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February 16, 2026
- Buyer
- Innovobot
- Target
- Inflight Canada Inc.
- Industry
- IT Services
- Location
- Canada
- Type
- Buyout
Innovobot, an investment and innovation platform, announced it has acquired Inflight Canada Inc. (IFC), a provider of certified aircraft cabin systems and passenger experience solutions. The acquisition builds on years of collaboration and is intended to accelerate IFC’s innovation, product development, and expansion in the global inflight passenger experience market.
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- Buyer
- Canadian Business Growth Fund (CBGF)
- Target
- Appficiency Inc.
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Growth capital
Appficiency Inc. has received a minority equity investment from the Canadian Business Growth Fund (CBGF). The funding is intended to support Appficiency’s AI innovation and expanded service capabilities, helping it deliver enterprise digital transformation across multiple platforms globally.
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February 3, 2026
- Buyer
- Ricoh Canada Inc., Ricoh Company, Ltd.
- Target
- ET Group
- Seller
- Pistil Enterprises Ltd.
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Ricoh Canada has acquired ET Group, a Toronto-based workplace technology and collaboration integrator focused on secure enterprise audiovisual (AV) and hybrid workplace solutions. ET Group will operate as a wholly owned subsidiary of Ricoh Canada while continuing to run independently under its existing leadership team.
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February 2, 2026
- Buyer
- Nelnet, Inc., Nelnet Canada, Inc.
- Target
- Finastra's Canadian student loan servicing business
- Seller
- Finastra Holdings Limited
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Nelnet, Inc., together with its wholly owned subsidiary Nelnet Canada, Inc., acquired Finastra Holdings Limited’s Canadian student loan servicing business. The deal was completed on February 2, 2026, for CAD $130.5 million in cash, following a definitive purchase agreement signed on October 22, 2025.
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January 29, 2026
- Buyer
- Englobe Corporation, Colliers (Canadian engineering platform), Colliers International Group Inc.
- Target
- Tetranex Solutions Inc., Tetranex
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Addon
Englobe Corporation, Colliers’ Canadian engineering platform, has acquired Tetranex Solutions Inc., a Western Canadian multidisciplinary engineering consulting firm based in Alberta. The deal adds about 200 professionals and expands Englobe’s capabilities in electrical, instrumentation and controls, automation, and process engineering for energy, agrifood and industrial projects. Financial terms were not disclosed.
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January 22, 2026
- Buyer
- MOBILTEX
- Target
- WATERing
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Buyout
MOBILTEX acquired WATERing, an AI-enabled software platform providing water-network intelligence through hydraulic modelling, simulation, and predictive analytics. The deal is intended to accelerate MOBILTEX’s FloPath Business Group into an AI-powered water-system optimization platform for utilities moving from reactive operations to proactive control.
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December 18, 2025
- Buyer
- Hoskin Scientific Ltd., Hoskin Group
- Target
- Davis Controls
- Seller
- River Associates Investments, L.P.
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Addon
Hoskin Scientific Ltd. (Hoskin Group) acquired Davis Controls, an Oakville-based provider of industrial automation and process control products and solutions. The transaction closed on November 21, 2025, and Hoskin said its national footprint will help accelerate Davis’s growth and broaden product access for existing customers.
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December 17, 2025
- Buyer
- CarbonWeb
- Target
- Green Llamas Consulting
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
CarbonWeb has acquired Ontario-based Green Llamas Consulting to expand its monday.com implementation, integration, and managed-services capacity across North America. The Green Llamas team will remain intact as it integrates with CarbonWeb to improve delivery speed, service availability, and technical depth for clients deploying the monday.com platform.
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December 3, 2025
- Buyer
- CGI Inc.
- Target
- Online Business Systems
- Industry
- IT Services
- Location
- Manitoba, Canada
- Type
- Buyout
CGI Inc. has acquired Online Business Systems, an IT consulting firm based in Winnipeg. The deal brings more than 350 professionals into CGI and strengthens the company's Winnipeg presence while expanding its digital transformation, AI and cybersecurity capabilities across Canada and the United States.
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November 20, 2025
- Buyer
- Verndale
- Target
- Fishtank
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Buyout
Verndale, an independent digital customer experience agency based in Boston, has acquired Fishtank, a Sitecore Platinum Partner headquartered in Calgary, Alberta. The acquisition expands Verndale's Sitecore and AI capabilities, combining the teams to form a leading SitecoreAI experience practice for mid-market and enterprise clients across North America.
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November 10, 2025
- Buyer
- Convergence Networks, Riverside Partners
- Target
- Clear Concepts
- Industry
- IT Services
- Location
- Manitoba, Canada
- Type
- Addon
Convergence Networks, backed by Riverside Partners, has acquired Clear Concepts, a Winnipeg-based IT services firm known for Microsoft 365 and Azure expertise. The deal adds more than 65 employees to Convergence Networks, expands its Canadian footprint, and strengthens its security-first managed services and Microsoft capabilities across North America.
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October 31, 2025
- Buyer
- TELUS Corporation
- Target
- TELUS International (Cda) Inc. (TELUS Digital)
- Seller
- TELUS Digital shareholders (minority shareholders)
- Industry
- IT Services
- Location
- British Columbia, Canada
- Type
- Buyout
TELUS Corporation completed its previously announced acquisition of the remaining shares of TELUS International (Cda) Inc. (“TELUS Digital”) that it did not already own, valuing the deal at approximately US$539 million. The transaction gives TELUS 100% ownership of TELUS Digital and is expected to drive AI-powered digital customer experience and SaaS transformation, including approximately US$150 million in annualized cash synergies.
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September 30, 2025
- Buyer
- Catchment Capital
- Target
- Fidus Systems
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Growth capital
Catchment Capital announced an agreement to make a majority investment in Fidus Systems, a provider of advanced electronic and embedded system design services. The investment is Catchment’s inaugural deal and includes participation from Fidus management. The transaction is expected to close in October 2025, subject to customary conditions.
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August 16, 2025
- Buyer
- InfraRed Capital Partners
- Target
- Rogers Communications data center business (nine Tier 2 and 3 data centers in Canada)
- Seller
- Rogers Communications
- Industry
- IT Services
- Location
- Canada
- Type
- Buyout
InfraRed Capital Partners has agreed to acquire Rogers Communications’ data center business, consisting of nine Tier 2 and 3 data centers across key Canadian cities. The colocation-focused platform includes up to 49 MW of capacity and offers secure colocation plus cloud and managed services, with completion expected by year-end subject to approvals and customary closing conditions.
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July 28, 2025
- Buyer
- CenterGate Capital
- Target
- JRTech Solutions
- Industry
- IT Services
- Location
- Quebec, Canada
- Type
- Growth capital
CenterGate Capital, an Austin-based private equity firm, announced an investment in JRTech Solutions, a Montreal-headquartered provider of electronic shelf labels (ESL) and robotic inventory management technology for North American retailers. JRTech’s CEO Diego Mazzone will remain in place as the company partners with CenterGate to accelerate product innovation and expand service capabilities across grocery, pharmacy and hardware retail end markets.
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July 25, 2025
- Buyer
- OSI Digital
- Target
- ERP Buddies
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
OSI Digital, a global digital transformation and IT services provider headquartered in Calabasas, California, has acquired ERP Buddies, a certified Oracle NetSuite solutions provider. The acquisition expands OSI Digital's Oracle NetSuite capabilities and strengthens its footprint in the mid-market ERP space, enabling broader global delivery of ERP implementation and managed services.
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July 15, 2025
- Buyer
- F12.net
- Target
- AMTRA Solutions
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Addon
F12.net, a Canadian managed IT and cybersecurity provider, has acquired AMTRA Solutions, a Calgary-based Microsoft technology partner specializing in Azure, Modern Work, and AI solutions. The deal will operate AMTRA as a division of F12 to expand Microsoft cloud, AI, and security capabilities for Canadian mid-market and enterprise clients.
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- Buyer
- Qualcomm Incorporated, Aqua Acquisition Sub LLC
- Target
- Alphawave IP Group plc (Alphawave Semi), Alphawave Semi
- Industry
- IT Services
- Location
- Canada
- Type
- Buyout
Qualcomm announced it has reached an agreement to acquire Alphawave Semi, paying an implied enterprise value of approximately US$2.4 billion. The deal will be implemented through Aqua Acquisition Sub LLC, a wholly-owned subsidiary of Qualcomm, and is expected to complete in the first calendar quarter of 2026 subject to regulatory and shareholder approvals.
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- Buyer
- Innovia Consulting
- Target
- Lloyd Business IT Solutions
- Seller
- Dan Kaltiainen
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Innovia Consulting has merged Lloyd Business IT Solutions into its North America operations, expanding its Microsoft Dynamics 365 Business Central and NAV capabilities in Canada. Lloyd's founder and owner, Dan Kaltiainen, will join Innovia to support client transitions and contribute technical expertise.
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- Buyer
- WestView Capital Partners
- Target
- Hoist Global Tech Solutions
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Growth capital
Hoist Global Tech Solutions (HOIST), an Ottawa-based IFS-focused systems integrator, received a growth investment from Boston-based growth equity firm WestView Capital Partners. The capital will support HOIST's continued expansion of its IFS implementation, support and industrial AI services across multiple industries and geographies; financial terms were not disclosed.
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March 26, 2025
- Buyer
- Kicksaw
- Target
- SkyVenn
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Addon
Kicksaw, a Rallyday Partners portfolio company, has acquired SkyVenn, a Toronto-based Salesforce managed services partner, to expand its managed services capabilities and deliver deeper, long-term value to clients. SkyVenn will operate as "a Kicksaw Company" while the teams integrate, with a full transition expected in early 2026.
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March 25, 2025
- Buyer
- CGI Inc.
- Target
- Momentum Technologies
- Industry
- IT Services
- Location
- Quebec, Canada
- Type
- Buyout
CGI has acquired Québec City-based Momentum Technologies, a provider of data analytics and business intelligence services, bringing more than 250 consultants into CGI. The deal strengthens CGI's presence in Québec City and deepens its data, analytics and AI capabilities to serve public sector and commercial clients including health and insurance.
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March 6, 2025
- Buyer
- Supra Canada Technologies Ltd (Supra ITS)
- Target
- Apogee IT Services
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Supra Canada Technologies Ltd (operating as Supra ITS), a Canon-backed Canadian managed IT and cybersecurity provider, has acquired Apogee IT Services. Tequity Advisors acted as exclusive financial advisor to Apogee; the deal expands Supra ITS's North American presence, broadens technology and security capabilities, and provides Apogee clients with enhanced 24x7 managed services and Canadian data-centre capacity.
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February 19, 2025
- Buyer
- HUB Technology Solutions Ltd.
- Target
- Synchena Consulting Inc. (IT division)
- Seller
- Synchena Consulting Inc.
- Industry
- IT Services
- Location
- Manitoba, Canada
- Type
- Divestiture
HUB Technology Solutions Ltd., a managed IT services provider based in Winnipeg, Manitoba, has acquired the IT division of Synchena Consulting Inc. The divestiture lets Synchena focus on its core GIS and asset management services while expanding HUB's managed IT, cybersecurity, cloud and municipal service capabilities in Manitoba.
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January 1, 2025
- Buyer
- MML Capital Partners
- Target
- RAVL Inc.
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Growth capital
MML Capital Partners has made a growth investment in Toronto-based RAVL Inc., a technology advisory and engineering firm serving financial services clients across North America. The partnership will support RAVL’s continued growth and investment in people, technology and delivery capabilities across DevSecOps, cloud, AI and software engineering.
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December 31, 2024
- Buyer
- World Wide Technology Holding Co. LLC (WWT), 2672989 Alberta ULC
- Target
- Softchoice Corporation
- Seller
- Softchoice shareholders (including directors and senior officers)
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
World Wide Technology (WWT) completed its all-cash acquisition of Softchoice, a software and cloud-focused IT solutions provider, for C$24.50 per share. The deal strengthens WWT’s software, cloud, cybersecurity and AI capabilities and expands its reach in Canada and North America’s enterprise and SMB markets.
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December 10, 2024
- Buyer
- Pomeroy Technologies, LLC
- Target
- Soroc Technology
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Addon
Pomeroy Technologies, LLC has completed its acquisition and integration of Soroc Technology, a Woodbridge, Ontario–based full-service IT solutions provider. The deal expands Pomeroy’s North American footprint and service delivery capabilities, creating a combined organization with enhanced infrastructure, talent and managed-service offerings to better serve enterprise and mid-market clients.
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December 4, 2024
- Buyer
- Service Express
- Target
- Mid-Range
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Service Express, a Grand Rapids-based data center and infrastructure solutions provider, has acquired Mid-Range, a managed infrastructure and cloud services provider based in the Greater Toronto Area. The acquisition expands Service Express' presence in Canada and augments its service offerings with Mid-Range's managed infrastructure, cloud hosting, colocation and JD Edwards ERP capabilities.
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December 2, 2024
- Buyer
- Alithya Group inc.
- Target
- XRM Vision
- Industry
- IT Services
- Location
- Quebec, Canada
- Type
- Buyout
Alithya Group Inc. has acquired XRM Vision for up to C$35 million in a mix of cash, Alithya Class A shares and a potential earnout. The deal brings about 85 Microsoft-focused CRM and Project Portfolio Management specialists into Alithya, expanding its Microsoft Dynamics 365, Power Platform and smart-shoring capabilities across Canada and Morocco.
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November 12, 2024
- Buyer
- IT Solutions Consulting
- Target
- PACE Technical
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
IT Solutions Consulting, a Philadelphia-based managed service provider, has acquired PACE Technical, a Toronto-based outsourced IT services provider, marking IT Solutions' first expansion into Canada. The deal will expand IT Solutions' managed services footprint and strengthen its offerings for legal, healthcare, and other commercial clients with enhanced local presence and cybersecurity capabilities.
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November 12, 2024
- Buyer
- Beringer Capital
- Target
- Northern Commerce
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Beringer Capital has completed its inaugural Fund V investment by taking a strategic stake in Northern Commerce, a London, Ontario-based digital transformation consultancy. The partnership will support Northern's capability expansion, geographic growth across North America, and a continued add-on acquisition strategy; terms were not disclosed and Canaccord Genuity advised Northern.
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October 31, 2024
- Buyer
- VSS Capital Partners
- Target
- Lane Four Consulting
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Growth capital
VSS Capital Partners completed a growth capital investment in Lane Four Consulting, a Toronto-based Salesforce consulting and managed-services firm. The founder and CEO, Andrew Sinclair, retains a majority stake; the investment will support product/platform development, capability expansion, and potential strategic acquisitions to accelerate Lane Four's growth.
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September 27, 2024
- Buyer
- TELUS Corporation
- Target
- TELUS International (Cda) Inc. (TELUS Digital)
- Industry
- IT Services
- Location
- British Columbia, Canada
- Type
- Buyout
TELUS Corporation, through a wholly owned subsidiary, purchased 2,593,631 subordinate voting shares of TELUS International (Cda) Inc. ("TELUS Digital") on the Toronto Stock Exchange at an average price of C$4.90, representing a total additional investment of C$12.7 million. The purchases increased TELUS' subordinate voting stake by ~2.35 percentage points (to ~5.99% subordinate voting shares) and raised its overall ownership to approximately 57.7%; TELUS said the purchases reflect confidence in TELUS Digital's long-term growth and were made for investment purposes.
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September 11, 2024
- Buyer
- Osprey Technology Solutions
- Target
- Lanworks
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Addon
Osprey Technology Solutions has acquired 100% of Lanworks, a Canadian managed IT services and network infrastructure provider. The deal — advised by Tequity — expands Osprey's MSP platform, bringing Lanworks' team, cybersecurity and cloud capabilities into Osprey's North American managed services footprint.
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July 9, 2024
- Buyer
- Improving
- Target
- Imaginet
- Industry
- IT Services
- Location
- Manitoba, Canada
- Type
- Addon
Improving, a PE-backed technology consulting and custom software firm, has acquired Imaginet, a Microsoft-focused technology services company with offices in Winnipeg, Canada and Dallas, Texas. The add-on acquisition expands Improving's Microsoft capabilities, establishes an Improving presence in Winnipeg, and helps push Improving's annualized revenue to exceed $280 million while Imaginet's leadership remains in place.
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July 9, 2024
- Buyer
- Bell
- Target
- Stratejm, CloudKettle Inc.
- Industry
- IT Services
- Location
- Canada
- Type
- Buyout
Bell has acquired Canadian technical services firms Stratejm and CloudKettle Inc., adding managed cybersecurity and Salesforce professional services to its capabilities. Both businesses will join Bell's group of companies and report into FX Innovation to strengthen Bell's cloud, security and AI-powered enterprise offerings.
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- Buyer
- CGI
- Target
- Celero (credit union business)
- Seller
- Celero
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Divestiture
CGI has acquired Celero’s credit union business, including master services agreements for managed services, core banking, digital banking and related IT services serving more than 90 credit unions across Canada. More than 150 Celero employees will join CGI as the business is integrated into CGI’s operations to expand and deepen its core banking and digital banking offerings for the Canadian credit union sector.
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April 22, 2024
- Buyer
- HR Path Group (HR Path)
- Target
- GroupeX Solutions
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Paris-based HR Path Group has acquired Toronto-based GroupeX Solutions to expand its Human Capital Management (HCM) consulting capabilities and strengthen its presence in North America. GroupeX, a long-standing SAP SuccessFactors, UKG, WorkForce Software and Dayforce partner with 100+ senior SAP consultants, will augment HR Path's HRIS implementation and advisory services across the region.
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- Buyer
- KKR (funds managed by KKR through its Ascendant Strategy)
- Target
- mdf commerce
- Industry
- IT Services
- Location
- Quebec, Canada
- Type
- Buyout
Digital commerce technology company mdf commerce entered into an arrangement agreement to be acquired by funds managed by KKR in an all-cash transaction valued at C$255 million. The deal would make mdf commerce a privately held company, with KKR supporting the business via an equity ownership program for employees.
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March 1, 2024
- Buyer
- ALTEN Group
- Target
- QA Consultants
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
ALTEN Group has acquired substantially all of the assets of QA Consultants, a North American software quality engineering and testing services provider. The acquisition brings QA Consultants' quality engineering, application security and performance testing capabilities into ALTEN's engineering and IT services portfolio while QA Consultants will operate as an independent subsidiary.
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February 20, 2024
- Buyer
- S.i. Systems
- Target
- HVN Solutions
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Addon
S.i. Systems, Canada’s largest IT staffing company, has acquired HVN Solutions, an IT consulting and digital resource firm formed from HireValues and Nucleo Digital. The acquisition (terms not disclosed) expands S.i. Systems' talent offerings and professional services/Statement of Work capabilities across North America as it integrates HVN's teams and brands.
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February 7, 2024
- Buyer
- Capital Square Partners
- Target
- Bits In Glass
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Growth capital
Capital Square Partners, a Singapore-based private equity firm, has completed a growth investment in Bits In Glass, a digital transformation and hyperautomation services firm headquartered in Edmonton, Alberta. The investment will support BIG’s organic and inorganic growth, global expansion and capability enhancement; Canaccord Genuity advised Bits In Glass on the transaction.
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November 30, 2023
- Buyer
- DynTek, Inc., rSolutions Corporation, Gallant Capital Partners
- Target
- Arctiq
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Addon
DynTek, Inc. and rSolutions (both portfolio companies of Gallant Capital Partners) have acquired Arctiq, a cloud, DevOps and automation solution integrator. The deal is an add-on to the DynTek/rSolutions platform to expand cloud, automation and cybersecurity capabilities and the three companies will consolidate under a single brand in the coming quarter.
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November 21, 2023
- Buyer
- Compugen Inc.
- Target
- CPU Service d'ordinateur inc., C.P.U. Design Inc.
- Industry
- IT Services
- Location
- Quebec, Canada
- Type
- Buyout
Compugen Inc. has signed a definitive purchase agreement to acquire Québec-based CPU Service d'ordinateur inc. and its wholly owned subsidiary C.P.U. Design Inc., collectively branded as CPU. The acquisition expands Compugen's presence and capabilities across Québec and Ontario—adding IT infrastructure, service desk, security and cloud expertise—and the CPU name will be retained as "CPU, a Compugen Group of Companies."
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November 9, 2023
- Buyer
- Calian Group Ltd.
- Target
- Decisive Group Inc.
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Calian Group Ltd. has entered into a definitive agreement to acquire 100% of Ottawa-based Decisive Group Inc. for up to CAD$74.7 million, including CAD$50.0 million in cash at closing. The acquisition expands Calian’s IT and Cyber Solutions capabilities—adding managed services, enterprise infrastructure and hybrid cloud expertise—and strengthens its footprint across Canada and select U.S. markets.
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Frequently Asked Questions
What types of buyers are active in Canadian IT services?
Both strategic acquirers (systems integrators, telecoms, digital agencies and managed‑service providers) and financial sponsors are active. Recurring buyers on this page include CGI Inc., Ricoh Canada Inc., Carbon60, and private equity firms such as H.I.G. Capital and CenterGate Capital.
Which service capabilities are most commonly targeted?
Acquirers are frequently targeting cloud and Microsoft Azure/Modern Work capabilities, ERP specializations (NetSuite, Dynamics 365/Business Central), Sitecore and digital experience teams, AI and cybersecurity services, plus AV and hybrid workplace integration.
Where in Canada are these deals happening?
Recent transactions are clustered in Alberta, Ontario, Manitoba and Quebec, with several deals strengthening local delivery teams and provincial offices.
Are deals mostly small tuck‑ins or larger platform transactions?
Both appear: the page shows tuck‑ins and team acquisitions (for example, integrations of Microsoft and platform specialists) as well as larger platform moves—most notably H.I.G. Capital’s combination of Converge Technology Solutions and Mainline to form Pellera Technologies (a combined business with roughly $4 billion pro forma 2024 revenue).