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Announced

Completed

S.i. Systems completed the acquisition of Annex Consulting Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Canada

Majority

Outsourced HR and Staffing

Private

Single Bidder

Domestic

IT staffing

Friendly

Synopsis

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S.i. Systems, one of Canada's largest IT staffing companies, completed the acquisition of Annex Consulting Group, an IT staffing company in Vancouver. Financial terms were not disclosed. "Together we have one core purpose, to connect human potential to meaningful work. We share common values, common culture. I have known Stacey for 20 years and have always been impressed by his leadership and our strikingly similar values. This acquisition is a very good fit for both parties in so many ways. We warmly welcome all Annex staff and consultants into S.i. Systems," Derek Bullen, S.i. Systems CEO.

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