S|W: The SaaS Weekly
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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Converge Technology Solutions On Buying Spree With Four Acquisitions In One Month
‘We can bring in data scientists and experts in cloud services, enhanced by expertise in Red Hat and VMware. We integrate new capabilities almost immediately. All the companies we acquire have access to all our capabilities. We bring them immediately into the entire Converge family,’ says Converge CEO Shaun Maine. By Joseph F. Kovar January 08, 2021, 09:27 AM EST
Converge Technology Solutions, a solution provider founded just over three years ago, closed four acquisitions in the past 30 days or so while also closing a sale of over $75 million of its shares as a way to fund further acquisitions.
Converge or the
Company ) (TSXV: CTS) (FSE: 0ZB) (OTCQX: CTSDF), a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to announce the closing of its previously announced acquisition of CarpeDatum LLC., an analytics consulting organization headquartered in Denver, CO with offices in Los Angeles and Dallas.
CarpeDatum builds best in class solutions around analytics for customers across every industry. It has over 20 years of successful deployment experience around planning and forecasting, enterprise reporting, and predictive analytics. The addition of CarpeDatum to the Converge analytics practice will give the Company an array of new capabilities regarding AI, analytics, and performance management to allow it to continue to scale and expand its current offerings throughout North America.
Converge or the
Company ) (TSXV: CTS) (FSE: 0ZB) (OTCQX: CTSDF) a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to announce that it has signed a definitive agreement to acquire CarpeDatum Consulting, Inc., a national IBM Analytics consulting organization and Alteryx Preferred Partner, headquartered in Denver, CO with offices in Los Angeles and Dallas. The acquisition is anticipated to close January 4
th, 2021.
CarpeDatum builds best in class solutions around analytics for customers across every industry. It has over 20 years of successful deployment experience around planning and forecasting, enterprise reporting, and predictive analytics. The addition of CarpeDatum to the Converge analytics practice will give the Company an array of new capabilities regarding AI, analytics, and performance management to allow it to continue to scale and expand its current offerings throughout North America.
Today in Acquisitions: Setter, Grapevine6, Converge
Over the past month, two Canadian tech companies have been acquired, including Setter and Grapevine6, while Toronto-based Converge acquired Workgroup Connections. Here’s the latest on Canada’s movers and shakers.
Toronto-based Setter acquired by Thumbtack
Toronto-based digital home management startup Setter was acquired by San Francisco-based Thumbtack. The price of the acquisition was undisclosed.
Setter was founded in 2016 and its platform allows homeowners to chat with home maintenance experts; homeowners can send photos of the issue they face, and receive a quote. The startup has raised $20 million USD to date, including a $10 million Series A round in 2018.