Software Acquisitions in Canada
Software Deal Activity in Canada
This page highlights recent software M&A and growth investments involving Canadian targets, covering transactions across New Brunswick, Ontario, British Columbia, Quebec and Alberta. Deals range from strategic add‑ons to minority growth investments and cross‑border acquisitions.
Many transactions expand platform capabilities — examples include Volaris Group adding EAM and automotive reporting capabilities, Qvantel Oy acquiring Optiva Inc. to broaden telecom monetization and operations, and Prometheus Group integrating AI scheduling via Actenum Corporation. Buyers include strategic software platforms, specialist operating groups and financial sponsors such as Permira and Northrim Horizon.
What Stands Out
- Geographic spread: recent transactions occurred in New Brunswick, Ontario, British Columbia, Quebec and Alberta.
- Capability-led add‑ons: acquisitions commonly expand product functionality — AI scheduling and optimization (Prometheus Group / Actenum), ERP and distribution modules (Genius Solutions / CDID), EAM and asset management (Volaris Group / 4Site), telecom monetization (Qvantel Oy / Optiva Inc.), and digital signage (Univerus Software / Capital Networks).
- Buyer mix: both strategic acquirers and financial investors are active — examples include platform buyers like Volaris Group and growth/minority investors such as Permira and Northrim Horizon.
- Cross‑border interest: international buyers have acquired Canadian targets (for example Qvantel Oy and Suno).
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March 12, 2026
Sovra announced it has acquired Edilex, a Quebec-based legal technology company that provides contract authoring automation for public sector procurement teams. Sovra plans to incorporate Edilex’s contract authoring technologies (Edilexpert and Legalflo) into an end-to-end, AI-powered Contract Lifecycle Management (CLM) platform for government procurement across North America.
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- Buyer
- Carlyle
- Target
- Peloton Computer Enterprises Ltd.
- Seller
- Silver Lake, TriWest, HarbourVest
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Growth capital
Global investment firm Carlyle, through its Global Credit platform, provided a structured capital solution to Peloton Computer Enterprises Ltd. to support investment in its platform and long-term growth strategy. Silver Lake, TriWest, and HarbourVest—who invested in Peloton in 2017—will be exiting as part of the transaction, while co-founder and CEO Glen Gray will continue to lead the company.
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February 19, 2026
Valsoft Corporation, a Montreal-based vertical market software acquirer, has announced the acquisition of DigitalEd, a provider of online learning solutions for STEM education. DigitalEd’s Möbius platform supports math-based and STEM courses through interactive lessons, assessments, and digital learning tools for universities and colleges.
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February 8, 2026
- Buyer
- Remsoft, Banneker Partners
- Target
- INFLOR
- Industry
- Software
- Location
- New Brunswick, Canada
- Type
- Buyout
Remsoft, a forest intelligence software company, acquired INFLOR, a forest management system (FMS) provider with more than 20 years of experience. The acquisition expands Remsoft’s cloud-based Forest Intelligence Platform by adding enterprise-grade forest management capabilities and improving end-to-end visibility across the forestry value chain.
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January 30, 2026
- Buyer
- Volaris Automotive (Volaris Group)
- Target
- TSI Auto Solutions
- Seller
- NCM Associates
- Industry
- Software
- Location
- New Brunswick, Canada
- Type
- Addon
Volaris Automotive, a division of Volaris Group, acquired TSI Auto Solutions, a Canadian provider of enterprise reporting and performance analysis software for automotive OEMs and dealerships. The deal follows TSI’s prior ownership by US-based NCM Associates, which acquired it in 2018.
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January 29, 2026
KEV Group, the company behind SchoolCash, announced that it has acquired ebase, Canada’s largest facilities management and rentals software provider based in St. Catharines, Ontario. The combined platform is intended to help K–12 districts unify school finance (including student activity funds) with facilities and rental operations, serving more than 28,000 schools across North America.
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December 31, 2025
- Buyer
- Qvantel Oy
- Target
- Optiva Inc.
- Seller
- Optiva shareholders, Holders of Optiva 9.75% senior secured PIK notes (Noteholders)
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Qvantel Oy completed its acquisition of Optiva Inc. via a statutory plan of arrangement, acquiring all issued and outstanding common shares of Optiva. The transaction paid Optiva shareholders C$0.25 per common share, cancelled Optiva's US$108.6 million PIK notes with consideration to noteholders (including purchaser shares, purchaser-issued senior secured notes and warrants), and will result in Optiva being dissolved and delisted from the Toronto Stock Exchange. The combined company expands Qvantel's telecom monetization and digital operations portfolio and supports more than 70 operators with a global workforce exceeding 1,000 professionals.
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December 16, 2025
- Buyer
- Prometheus Group
- Target
- Actenum Corporation
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
Prometheus Group has acquired Actenum Corporation to integrate Actenum’s AI-powered Decision Support and Optimization scheduling technology into Prometheus’s enterprise asset management platform. The acquisition, which adds advanced AI scheduling and scenario-planning capabilities for asset-intensive industries, is intended to expand Prometheus’s operational AI capabilities across oil & gas, utilities, mining, and manufacturing; financial terms were not disclosed.
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December 10, 2025
- Buyer
- Univerus Media Inc., Univerus Software, Inc.
- Target
- Capital Networks Limited
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Univerus Media Inc., a subsidiary of Univerus Software, acquired Capital Networks Limited, a Toronto-based digital signage software company. The transaction closed on December 10, 2025 and expands Univerus's digital signage and media-content capabilities across hospitality, healthcare, education and corporate markets.
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November 14, 2025
Banyan Software has acquired Octopus ITSM, a Montreal-based provider of cloud-based ITSM and CMMS software. Octopus, founded in 2010, serves primarily healthcare and education customers across Canada and France and supports more than 250,000 users; Banyan says it will support the company's growth while preserving founder leadership.
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November 10, 2025
- Buyer
- Clio
- Target
- vLex
- Seller
- Oakley Capital
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
Clio completed its $1 billion acquisition of vLex, combining vLex’s legal intelligence (Vincent AI) with Clio’s legal AI platform to form an “Intelligent Legal Work Platform.” The deal closed alongside Clio’s $500 million Series G led by New Enterprise Associates (NEA), with additional equity participation from TCV, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity, and a $350 million debt facility led by Blackstone and managed by Blue Owl Capital.
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October 23, 2025
- Buyer
- Genius Solutions
- Target
- CDID (Prextra ERP)
- Industry
- Software
- Location
- Quebec, Canada
- Type
- Buyout
Genius Solutions, the Québec City–based maker of Genius ERP, has acquired CDID, developer of the Prextra ERP platform. The undisclosed deal adds approximately 100 CDID employees, expands Genius's product portfolio into distribution, project management and services, and accelerates its AI-driven ERP development while growing headcount to over 225.
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October 14, 2025
- Buyer
- Northrim Horizon
- Target
- Solutions360 USA, Inc.
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Growth capital
Northrim Horizon, a Mesa, Arizona-based permanent capital investment firm, made a strategic growth investment in Solutions360 USA, Inc., a Newmarket, Ontario-based provider of ERP/PSA software for systems integrators. The capital will fund accelerated AI and automation development, new platform modules, and expanded partner integrations; Solutions360 also appointed Nate Gardner as CEO while founder Brad Dempsey remains CTO.
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August 5, 2025
- Buyer
- Permira
- Target
- Versaterm
- Seller
- Banneker Partners
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Growth capital
Funds advised by Permira have made a strategic minority growth investment in Versaterm, a Banneker Partners portfolio company that provides public safety software. The investment will fund product and technology development, accelerate market expansion, and support Versaterm's AI-driven roadmap and M&A strategy.
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- Buyer
- Computer Modelling Group Ltd. (CMG)
- Target
- SeisWare International Inc.
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Buyout
Computer Modelling Group Ltd. (CMG) has acquired SeisWare International Inc., a Calgary- and Houston-based geoscience software company, for an estimated US$6.6 million. SeisWare — which reported approximately US$3.4 million of recurring revenue in the 12 months ended March 31, 2025 and has a team of over 40 employees — will join CMG's seismic solutions group as a platform to expand CMG's seismic interpretation capabilities.
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June 26, 2025
Suno, a Cambridge, Massachusetts-based music technology company, has acquired WavTool, an AI-accelerated browser-based digital audio workstation (DAW). The acquisition brings WavTool's editing technology and core team into Suno to expand its professional-grade music production and editing capabilities for songwriters and producers.
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June 25, 2025
Crisp, the Bentonville-based retail data and collaborative commerce platform, has acquired Cantactix, a retail category management and planogram automation solutions provider. The acquisition brings Cantactix’s space-planning software and consulting capabilities into Crisp’s platform to deliver end-to-end shelf and floor space optimization for CPG manufacturers and retailers; terms were not disclosed.
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June 16, 2025
- Buyer
- Volaris Group, AssetWorks Appraisal – Asset Management (AssetWorks)
- Target
- 4Site
- Seller
- Rohit Diesh
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Addon
Volaris Group has acquired 4Site, an Enterprise Asset Management (EAM) software provider headquartered in Thunder Bay, Ontario. 4Site will join the AssetWorks Appraisal – Asset Management business unit (part of the AssetWorks platform within Volaris), and the company's prior owner Rohit Diesh will remain on as a consultant.
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June 3, 2025
- Buyer
- Print ePS (eProductivity Software)
- Target
- Avanti Systems
- Seller
- Ricoh
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Print ePS, the print operating unit of eProductivity Software, has acquired Canadian print MIS provider Avanti Systems from Ricoh. The acquisition (completed 2 June) brings Avanti's workflow automation and cloud-based MIS capabilities and its ~45 employees into Print ePS to strengthen its midmarket print offering and expand its global technology portfolio.
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- Buyer
- Silversmith Capital Partners
- Target
- Rentsync
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Growth capital
Rentsync, a Toronto-based software and data company serving Canada’s rental housing industry, has raised a significant growth investment led by Boston-based growth equity firm Silversmith Capital Partners. The capital will fund technology investment, team expansion, and strategic acquisitions; Silversmith is joining the company's board through senior advisors and partners to support scaling.
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April 29, 2025
- Buyer
- Valsoft Corporation Inc.
- Target
- UnionWare, MemberTrak
- Seller
- Togetherwork
- Industry
- Software
- Location
- Manitoba, Canada
- Type
- Buyout
Valsoft Corporation Inc. has acquired UnionWare and MemberTrak, two North American providers of union and association management software. The acquisitions expand Valsoft's vertical-market software portfolio and aim to preserve existing teams and client continuity while accelerating product innovation and operational support.
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March 18, 2025
- Buyer
- Perforce Software
- Target
- Snowtrack (P4 One)
- Industry
- Software
- Location
- Quebec, Canada
- Type
- Buyout
Perforce Software has acquired Snowtrack (now P4 One), an intuitive version control client aimed at artists and designers, to extend Perforce’s P4 Platform and bridge collaboration between technical and creative teams. P4 One is available in closed beta with a full global launch planned for later in 2025, and the acquisition strengthens Perforce’s offerings for game development, media & entertainment, and other creative industries.
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March 12, 2025
- Buyer
- Gulmohar Capital Partners LP
- Target
- CurrentWare
- Seller
- Neel Lukka (majority shareholder)
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Gulmohar Capital Partners LP has acquired CurrentWare, a provider of employee productivity, monitoring and insider threat detection software. GC Partners will appoint David Leal as CEO and plans to support CurrentWare's growth and product innovation while the company's founder and majority shareholder Neel Lukka transitions following the transaction.
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March 11, 2025
- Buyer
- Banneker Partners, Remsoft
- Target
- Lim Geomatics
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Addon
Remsoft secured a strategic investment from private equity firm Banneker Partners to accelerate its Forest Intelligence platform and pursue strategic acquisitions. As the first step under the partnership, Remsoft acquired Lim Geomatics, adding geospatial intelligence, LiDAR, and forest machine telematics capabilities to its cloud-enabled forestry planning and operations platform.
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February 19, 2025
- Buyer
- Adventure Box Technology AB
- Target
- Lion Gaming Group Inc.
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Buyout
Adventure Box Technology AB completed the acquisition of all shares in Lion Gaming Group Inc. for approximately SEK 467 million, settled via issuance of consideration shares at SEK 0.40 per share. The transaction makes Lion shareholders the majority owners (≈94.88%), and strengthens Adventure Box's technology capabilities and global footprint in the iGaming sector.
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February 19, 2025
- Buyer
- BDC Growth Equity Partners, Celtic House Venture Partners, Other minority investors
- Target
- Quadshift
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Growth capital
Quadshift raised up to $23 million of growth equity in an all-primary, all-equity round led by BDC Growth Equity Partners with participation from Celtic House Venture Partners and other minority investors. The funding will accelerate Quadshift's acquisitive strategy to buy vertically focused B2B software businesses and expand its platform capabilities using AI-enabled deal sourcing and shared operational resources.
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January 28, 2025
FCT, a leading Canadian title insurance and real estate technology provider, has made a majority investment in Fintracker Inc., a Canadian digital identity verification and KYC/AML compliance provider for real estate transactions. The partnership will integrate Fintracker's identity verification technology into FCT's services to streamline home-buying workflows, enhance data security, and improve regulatory compliance across the Canadian real estate ecosystem.
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January 21, 2025
French private equity firm Naxicap Partners has acquired VuWall, a Montreal-based provider of video wall control and visualization solutions. The deal aligns VuWall with Naxicap’s existing portfolio companies Guntermann & Drunck (G&D) and Tritec Electronic to drive product and go-to-market synergies across control-room hardware and software; AQ Technology Partners served as VuWall’s exclusive financial advisor.
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January 20, 2025
- Buyer
- Banyan Software
- Target
- youRhere Inc.
- Seller
- Scot Martin
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Buyout
Banyan Software has acquired youRhere Inc., a Calgary-based provider of customizable interactive digital information hubs that combine hardware and software for building directories and signage. The deal brings youRhere into Banyan's permanent-capital software platform to support growth, preserve the company's legacy, and expand its market impact across Canada and internationally.
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January 15, 2025
- Buyer
- ThoughtExchange
- Target
- Sparrow Connected
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Buyout
ThoughtExchange has acquired Sparrow Connected, integrating Sparrow’s AI-powered omnichannel employee communications platform into ThoughtExchange’s engagement and survey SaaS. The deal expands ThoughtExchange’s capabilities—combining engagement insights with multi-channel communications—to better serve K-12, enterprise, and public sector customers.
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December 31, 2024
- Buyer
- KeyMark
- Target
- FileHold Systems Inc.
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
KeyMark, a South Carolina-based intelligent automation provider and value-added reseller, acquired FileHold Systems Inc., a developer of enterprise-grade document and records management software, effective December 31, 2024. The acquisition brings FileHold's product, IP and customer base into KeyMark's portfolio to close a product gap and expand KeyMark’s document management and automation capabilities.
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December 11, 2024
Valsoft Corporation has acquired Exeevo, a Montreal-based provider of AI-powered CRM software for the life sciences industry. Valsoft said it will support Exeevo’s growth while preserving the existing leadership team as it expands its presence in the life sciences software market.
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December 5, 2024
- Buyer
- The Brydon Group, Houston Goodwin, Timothy Sarazen
- Target
- Better Impact
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Volunteer management software provider Better Impact has been acquired by investment firm The Brydon Group. The deal brings software executives Houston Goodwin and Timothy Sarazen into leadership alongside founders Tony Goodrow and Dan Plaskon to accelerate product innovation and expand the company's global reach.
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- Buyer
- DealBuilder, Deal Studio
- Target
- DealBuilder, Deal Studio
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
DealBuilder and Deal Studio announced a merger to combine DealBuilder's AI capabilities with Deal Studio's 20+ years of broker software experience, creating an integrated CRM and deal-management platform for business brokers. The combined platform will offer expanded CRM, marketing, deal-management and AI-powered features aimed at improving broker efficiency.
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November 13, 2024
- Buyer
- Lynx Software Technologies, Inc.
- Target
- Core Avionics & Industrial, Inc. (CoreAVI)
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Lynx Software Technologies has acquired Core Avionics & Industrial (CoreAVI), a provider of safety-critical GPU graphics and compute software for avionics, defense, automotive and industrial markets. The acquisition expands Lynx’s mission-critical edge software portfolio with certified GPU-enabled graphics and AI/compute capabilities to address safety- and security-critical systems.
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- Buyer
- Irth Solutions LLC, irth Acquisition Corp.
- Target
- OneSoft Solutions Inc.
- Seller
- Shareholders of OneSoft Solutions Inc.
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Addon
Irth Solutions LLC, a Blackstone portfolio company, has completed the acquisition of OneSoft Solutions Inc. through its subsidiary irth Acquisition Corp., purchasing all outstanding shares for CAD $0.88 per share (approx. CDN $113.4 million total equity value). OneSoft — developer of the OneBridge Cognitive Integrity Management SaaS platform for energy infrastructure operators — will be delisted from the TSXV and integrated into Irth's asset integrity and infrastructure software offerings.
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October 15, 2024
- Buyer
- JDM Technology Group
- Target
- Degama Systems
- Seller
- Streamline Transportation Technologies, Tom Greenwood
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
JDM Technology Group has acquired Degama Systems, a Toronto-based provider of cloud-based ERP and trucking management software, from Streamline Transportation Technologies and Tom Greenwood. The acquisition, which closed October 15, 2024, expands JDM's ERP portfolio and its capabilities serving mid-size and large trucking firms across Canada and the United States.
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October 3, 2024
- Buyer
- Epicor Software Corporation
- Target
- Solenium Group Inc., Visual SKUs Inc.
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Epicor Software Corporation has acquired Solenium Group Inc. and its sister company Visual SKUs Inc., long-standing Epicor partners and providers of Product Information Management (PIM) and Digital Asset Management (DAM) solutions for the Automotive Aftermarket. The dual acquisition strengthens Epicor's catalog and e-commerce offerings for the automotive aftermarket; financial terms were not disclosed, and Schwartz Advisors served as exclusive sell-side advisor to Solenium Group.
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September 12, 2024
- Buyer
- KORT Payments
- Target
- Barnet Technologies
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
KORT Payments, a Toronto-based omnichannel payments platform, has acquired Canadian POS software provider Barnet Technologies to integrate payment processing into Barnet's point-of-sale systems. The deal aims to scale Barnet's technology, create recurring revenue streams and expand KORT's capabilities in regulated verticals such as licensed liquor and cannabis retail.
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August 29, 2024
- Buyer
- IFS
- Target
- Copperleaf Technologies Inc.
- Industry
- Software
- Location
- British Columbia, Canada
- Type
- Buyout
IFS has completed its CAN$1 billion acquisition of Copperleaf Technologies Inc., buying all outstanding shares for CAN$12.00 each following regulatory and shareholder approvals. The deal brings Copperleaf’s decision-analytics and capital investment planning capabilities into IFS’s Industrial AI and enterprise cloud portfolio to expand asset-management and capital-planning offerings for asset-heavy industries.
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August 26, 2024
- Buyer
- Vertus Group (a Division of Jonas Software)
- Target
- B4Checkin
- Industry
- Software
- Location
- Nova Scotia, Canada
- Type
- Addon
Vertus Group, a division of Jonas Software, has acquired B4Checkin, a Halifax-based provider of cloud-based hospitality tools including a secure payments platform (TransForm) and a booking engine (GettaRoom). The acquisition expands Vertus Group's hospitality vertical and brings payments and booking capabilities into its portfolio to drive product integration and growth.
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- Buyer
- Petrosys, Carina, Vela Software, Constellation Software, Inc.
- Target
- Talus Technologies Inc.
- Industry
- Software
- Location
- Alberta, Canada
- Type
- Buyout
Petrosys, a Carina Software company and division of Vela Software/Constellation Software, has acquired Calgary-based Talus Technologies, the developer of the Exploration Archives seismic data management solution. The acquisition adds Talus’s seismic and subsurface data management capabilities to Petrosys’s suite of geoscience and data management products to better serve energy exploration customers.
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July 10, 2024
Command Alkon has acquired Marcotte Systems, integrating Marcotte's plant automation and AI-driven concrete production software into Command Alkon's Command Cloud platform. The acquisition brings Marcotte's employees and product portfolio into Command Alkon to accelerate development of cloud, AI and plant automation capabilities for the heavy building materials industry.
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July 9, 2024
Kaleris has acquired CAMS Software to integrate CAMS' Prospero Transportation Management System with Kaleris' Yard Management System, creating an enterprise yard and transportation management suite targeted at grocery retailers, wholesalers and distribution centers. The deal expands Kaleris' capabilities in transportation planning, dispatch and compliance and supports growth into grocery, food & beverage and retail verticals; CAMS was represented by Aqua Mergers & Acquisitions.
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June 14, 2024
- Buyer
- NexPhase Capital, LP
- Target
- Insurance Systems Inc.
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Growth capital
NexPhase Capital has made an investment in Insurance Systems Inc. (ISI), a Toronto-based provider of enterprise policy administration software for the property & casualty insurance market. The capital will support ISI's growth in existing and adjacent markets, product enhancements for integrations, faster implementations and improved analytics; ISI's CEO Casey Kretz will remain in place.
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June 5, 2024
OneRail has acquired Vancouver-based Orderbot to integrate inventory and distributed order management with its OmniPoint last-mile delivery platform. The acquisition creates an end-to-end omnichannel fulfillment solution designed to reduce fulfillment costs, improve order accuracy and enhance customer experience for retailers and distributors.
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June 3, 2024
- Buyer
- Valsoft Corporation
- Target
- Progitek (Dentitek)
- Industry
- Software
- Location
- Quebec, Canada
- Type
- Addon
Montréal-based Valsoft Corporation has acquired Québec City–based dental practice management software company Progitek (Dentitek) for an undisclosed amount. Progitek will continue to be led by founder Éric Vézina and will work with Valsoft's operating arm, Aspire Software, to strengthen its market presence, modernize its Dentitek software and develop new products.
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May 27, 2024
- Buyer
- FileCloud, Savant Growth
- Target
- Signority
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
FileCloud, together with lead investor Savant Growth, acquired Signority, a Kanata, Ontario-based e-signature and document workflow platform. The acquisition adds e-signature and advanced document workflow capabilities to FileCloud's portfolio and establishes a stronger presence in Canada; financial terms were not disclosed.
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- Buyer
- Battery Ventures
- Target
- TrueContext (formerly ProntoForms)
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Battery Ventures has completed a take-private acquisition of Canadian field-service workflow software company TrueContext (formerly ProntoForms) for C$150 million (C$1.07 per share), resulting in TrueContext's delisting from the TSX Venture Exchange. TrueContext, headquartered in Kanata/Ottawa, provides a mobile SaaS platform for field data collection and workflow automation used by enterprise customers across healthcare, oil & gas, and industrial equipment markets; Battery intends to accelerate product development and scale the business organically and via targeted acquisitions.
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- Buyer
- Rocket Software
- Target
- OpenText Application Modernization and Connectivity (AMC) business
- Seller
- OpenText
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Divestiture
Rocket Software has completed the acquisition of OpenText's Application Modernization and Connectivity (AMC) business for $2.275 billion. The deal — a divestiture from OpenText — adds 770+ engineers and go-to-market staff, increases Rocket's revenue by over 60%, and expands its customer base to 12,500+ companies and 750+ partners worldwide.
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Frequently Asked Questions
Which Canadian provinces are seeing software deal activity?
Recent transactions listed on this page are concentrated in Ontario, Quebec, British Columbia, Alberta and New Brunswick.
What software subsectors are most represented?
Acquisitions span ERP, enterprise asset management (EAM), telecom monetization and digital operations, ITSM/CMMS, digital signage, geoscience/seismic software, retail category and planogram tools, and music/DAW technology.
Who are the active buyer types in these deals?
Active buyers include strategic software platforms and operating groups (for example Volaris Group, Prometheus Group), cross‑border technology acquirers (Qvantel Oy, Suno), and financial sponsors making growth or minority investments (for example Permira, Northrim Horizon).
Are these transactions mostly acquisitions or investments?
The page shows a mix: many are outright acquisitions or add‑ons (platform tuck‑ins and product integrations), while several are growth or minority investments intended to fund product development and expansion.