Riverside to merge Convergence Networks and Grade A.

Riverside Partners, a private equity investment firm, agreed to merge Convergence Networks, a cybersecurity firm, and Grade A, an Ottawa-based managed services provider. Financial terms were not disclosed. "We are excited to invest in these two complementary companies that provide best-in-class IT and cybersecurity services to SMB clients. The merged company's clients can continue to rely upon the same personalized local service they have become accustomed to receiving. At the same time, the newly combined company will offer additional services, greater time-zone coverage, and a deeper bench of technical engineers available to address and defend the expanding and everchanging nature of technology," David Del Papa, Riverside General Partner.