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Announced

Completed

Converge Technology completed the acquisition of Interdynamix.

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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Private

it systems integration

Majority

Acquisition

Canada

Single Bidder

Digital Services

Friendly

Cross Border

Completed

Synopsis

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Converge Technology, a software-enabled IT & cloud solutions provider, completed the acquisition of Interdynamix, a systems integrator focused on business, engineering, and innovation. Financial terms were not disclosed. “Joining Converge is truly a game changer for Interdynamix that will allow us to further our business goals. Becoming part of Converge elevates our ability to deliver a ‘client first’ approach with expanded solution and service offerings, all while maintaining the highest level of innovation," Devin Vandenberg, Interdynamix CEO.

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