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Announced

Completed

ITI completed the acquisition of Zycom Technology.

Synopsis

ITI, a technological transformation firm, completed the acquisition of Zycom Technology, a IT services organization. Financial terms were not disclosed. "We are very proud that Zycom joining forces with ITI will contribute to creating a new yet reputable Canadian IT leader. We built Zycom from scratch over more than 20 years, and it was crucial for us to find the right partner to bring it to the next phase of growth. In Jonathan Legault and his leadership team, we have found peers and trusted partners. In addition to being a strong player in the industry, ITI has the same vision of becoming the most respected IT player in Canada for its expertise in technological transformation. We are confident that they have all it takes to assure Zycom's success in the future," Tim Allen, Zycom President.

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