Converge Technology Solutions Overview
- Year Founded
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2017
- Status
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Acquired/Merged
- Employees
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3,000
- Latest Deal Type
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Debt Refin.
- Financing Rounds
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11
- Investments
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35
Converge Technology Solutions General Information
Description
Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has three operating segments: North America, Germany, and UK.
Contact Information
Website
www.convergetp.com(Operating Subsidiary)
Corporate Office
- 161 Bay Street
- Suite 2325
- Toronto, Ontario M5J 2S1
- Canada
Corporate Office
- 161 Bay Street
- Suite 2325
- Toronto, Ontario M5J 2S1
- Canada
Converge Technology Solutions Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Converge Technology Solutions Comparisons
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Converge Technology Solutions Competitors (2)
One of Converge Technology Solutions’s 2 competitors is Aptum Managed Services, a Private Equity-Backed company based in Toronto, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Aptum Managed Services | Private Equity-Backed | Toronto, Canada | ||||
| Soroc Technology | Formerly PE-Backed | Woodbridge, Canada |
Converge Technology Solutions Related Research & Analysis
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Converge Technology Solutions Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Converge Technology Solutions Acquisitions (35)
Converge Technology Solutions’s most recent deal was a Merger/Acquisition with Stone Technologies for . The deal was made on 04-Nov-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Stone Technologies | 04-Nov-2022 | Merger/Acquisition | Distributors/Wholesale | ||
| Newcomp Analytics | 09-Sep-2022 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| Deqster | 29-Jul-2022 | Merger/Acquisition | Electronics (B2C) | ||
| Gesellschaft Für Digitale Bildung | 29-Jul-2022 | Merger/Acquisition | Educational and Training Services (B2C) | ||
| Institut für moderne Bildung | 29-Jul-2022 | Merger/Acquisition | IT Consulting and Outsourcing |
Converge Technology Solutions Exits (1)
Converge Technology Solutions’s most recent exit was on 04-Nov-2022 from Stone Technologies. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Stone Technologies | 04-Nov-2022 | Completed |
|
Converge Technology Solutions Affiliates
Subsidiaries (13)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Portage CyberTech | Gatineau, Canada | 2021 | |
| Deqster | Hamburg, Germany | 2020 | |
| ExactlyIT | Morrisville, NC | 2019 | |
| Opin (IT Consulting and Outsourcing) | Ottawa, Canada | 2011 | |
| Rednet (IT Consulting and Outsourcing) | Mainz, Germany | 2004 |
Converge Technology Solutions FAQs
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When was Converge Technology Solutions founded?
Converge Technology Solutions was founded in 2017.
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Where is Converge Technology Solutions headquartered?
Converge Technology Solutions is headquartered in Toronto, Canada.
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What is the size of Converge Technology Solutions?
Converge Technology Solutions has 3,000 total employees.
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What industry is Converge Technology Solutions in?
Converge Technology Solutions’s primary industry is IT Consulting and Outsourcing.
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Is Converge Technology Solutions a private or public company?
Converge Technology Solutions is a Private company.
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What is Converge Technology Solutions’s current revenue?
The current revenue for Converge Technology Solutions is .
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How much funding has Converge Technology Solutions raised over time?
Converge Technology Solutions has raised $1.96B.
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Who are Converge Technology Solutions’s investors?
Norwick Capital has invested in Converge Technology Solutions.
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Who are Converge Technology Solutions’s competitors?
Aptum Managed Services and Soroc Technology are competitors of Converge Technology Solutions.
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When was Converge Technology Solutions acquired?
Converge Technology Solutions was acquired on 01-Jul-2026.
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Who acquired Converge Technology Solutions?
Converge Technology Solutions was acquired by Pellera Technologies.
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