Tequity News & Events


Tequity Announces Acquisition in Digital Transformation Services

Tequity Inc. acted as the exclusive financial advisor to Toronto-based Non-Linear Creations, Inc., a multi-national digital services company with offices in Canada, Brazil, and the United Kingdom, in their strategic sale to Valtech, a leading digital agency focused on business transformation.

Press Release


Tequity Announces Acquisition in Business Process Automation

Tequity Inc. acted as the exclusive financial advisor to Dataimage Inc. in their strategic sale to LaSalle Capital backed MetaSource. Based in Salt Lake City, UT, Dataimage is an industry leader in business analytics, workflow design and business process automation, and electronic document management solutions.

Press Release


Tequity Announces Acquisition in Retail Point of Sale (“POS”)

Tequity Inc. acted as the exclusive financial advisor to Innovative Computer Solutions, Inc. (“ICS”), a leading provider of retail point of sale (“POS”) and inventory systems to beer, liquor, and wine stores in the United States, in their strategic sale to Jonas Software.

Press Release


Tequity Announces Acquisition in IT ServicesSWI Tombstone

Tequity Inc. acted as the exclusive financial advisor to Systemware Innovation Corporation (SWI), a Toronto-based information technology and software engineering consulting firm in their acquisition by Alithya, one of Canada’s leading strategy and information technology (IT) consulting firms, as part of the company’s growth strategy.

Press Release


 Tequity Announces Acquisition in Managed Services DSM Tombstone

Tequity Inc. acted as the exclusive financial advisor to DSM Computing Solutions Inc. in their sale to Apogee IT Services, a managed IT services company headquartered in Pittsburgh, PA. Operating as Apogee IT Services Canada, Toronto-based DSM becomes Apogee’s third major operations center, joining Pittsburgh and Boston in the firm’s strategic international expansion.

Press Release


 NRF Retail’s BIG Show 2017

Tequity’s time at NRF 2017 was a big success! Once again, we met with numerous former clients as well as shareholders interested in understanding the current M&A climate in Retail Tech. Our team has done 8 transactions in Retail Tech in the past few years and we have a unique insight into where this market is headed and how shareholders can recognize when the timing is favourable.


CloudSocius TombstoneTequity Completes 4th Salesforce Partner M&A Transaction

Tequity Inc. advised CloudSocius, a leading Salesforce Gold Partner operating in the UK and UAE, on their sale to Belgian-based 4C Consulting.  The acquisition strengthens 4C’s position as a platinum delivery partner of all Salesforce.com cloud solutions and services to businesses across the UK, Europe, and the Middle East, and makes 4C the largest independent Salesforce Consultancy in Europe.

Press Release


NashcoTequity Advises ServiceNow Partner on Strategic Acquisition

Tequity’s client Nashco Consulting Ltd., a provider of consulting, design and implementation services for ServiceNow has been acquired by ®Accenture (NYSE: ACN).  The acquisition further strengthens Accenture’s position as a leader in the ServiceNow partner ecosystem and enhances the company’s technology capabilities and deep industry experience in cloud strategy, implementation, integration and management for clients seeking to tap the As-a-Service economy.

Press Release


Tequity was thrilled to be a Silver Sponsor at the first ever SAAS NORTH event, presented by L-Spark.  If you missed the event this year, saas-north-logosmark your calendar for the 2nd Annual SAAS NORTH happening November 29-November 30, 2017 in Ottawa.

817 attendees / 381 companies / 11 networking sessions / 4 content streams / 29 breakout sessions / 9 keynotes / 98%+ recommended it!


cix-logoCIX and CIX FINTECH Events

Tequity was in attendance at this year’s CIX (Canadian Innovation Exchange) and CIX Fin TECH. The events were a big success, attracting hundreds of companies and participants from Canada and across North America. Hosted in the MaRS Discovery District in downtown Toronto, the event showcased the 2016 roster of innovative Canadian technology companies that have been inducted into the annual CIX Top 20 program. Companies were chosen based on a number of key factors including product/service offering, depth of management, market opportunity, and business model.

See the Canadian Top 20 technology companies here.


Tequity Advises FinTech Company Salentica on Strategic Acquisition by SS&C Technologies Times Square 432685-Tequity-Inc-Logo-ts.2016-10-26T084859

Tequity’s client, Salentica, a leading CRM solution provider to the Wealth Advisors market has been acquired by SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), an industry leader and a global provider of financial services software and software-enabled services.  The Salentica team brings deep expertise in providing integrated CRM solutions for both Microsoft Dynamics CRM and Salesforce CRM platforms.

Salentica will become a platform partner to the firm’s Black Diamond® wealth platform and deepen integrations and support for other SS&C clients including APX, Axys, and Global Wealth Platform.  The company will operate as a business unit under SS&C and the acquisition will add 30 employees. With more than 5,000 users and an average firm size of over $3 billion in assets, Salentica’s clients include registered investment advisers (RIAs), broker-dealers, family offices, institutional wealth managers, and trust companies. The highly experienced leadership team, including President and Founder Bill Rourke, will remain in place. Under the new organization, Rourke reports to Dave Welling, Managing Director and Co-General Manager of SS&C Advent. Mr. Welling is responsible for leading SS&C’s strategy in wealth management.

Press Release


Join Silver Sponsor Tequity at Canada’s SaaS Conference in Ottawa Nov 30-Dec 1, 2016‎saasnorth-facebookphoto
Salesforce, SurveyMonkey, Freshbooks, Shopify….

These are just a few of the well-recognized leaders in the “Software as a Service” (SaaS) market who will be speaking
at this event.

World class thought leaders from each of these companies and many more will be providing tactical content designed to provide attendees with a deeper understanding of how to enter, and succeed, in the SaaS market.

The theme for this inaugural event is “From the Ground Up: Building Global SaaS Organizations

If you have time to meet with us during the event, we’d love to get together and learn more about you.  Email Diane Horton to arrange a time.


axial_concord_2016Meet Tequity at Axial Concord October 20, 2016 

Axial Concord brings together CEOs, investors, lenders, and advisors for a day of networking and professional development.

Seminar topics include:

  • Choosing the Best Capital Structure for Your Business
  • To Build or Buy: A Tale of Two Growth Strategies
  • Getting Your Financial House in Order

Metropolitan Pavilion | 125 West 18th Street | New York City


 Tequity Advises Retail Software Provider ASC on their Acquisition by Mi9 RetailASC

TORONTO, Feb. 1, 2016 /PRNewswire/ — Tequity Inc., a boutique M&A advisory firm focused on strategic transactions for Software and IT Services companies, acted as the exclusive advisor to Massachusetts-based Applied Systems Corporation (ASC) in their recent sale to Mi9 Retail. The addition of ASC will reinforce Mi9 Retail’s position as a leading provider of retail technology solutions and serve as the cornerstone of a new group devoted exclusively to jewelry retailers.  ASC is a respected name with a wealth of experience developing software solutions for leading independent and multi-store jewelers, many of whom have worked with them for over 25 years.

Press Release


Cinovate TombstoneTequity Advises Cinovate on Acquisition by PwC 

TORONTO, Dec. 4, 2015 /PRNewswire/ — Tequity Inc., an M&A advisory firm with a unique focus on companies in the Software and IT Services markets, announced today the acquisition of its client Cinovate in their strategic acquisition by PwC.  This marks another successfully completed transaction of a Salesforce consulting partner for Tequity. We’re seeing a large number of corporate acquirers actively strengthening their competitive position through strategic acquisitions across the entire IT services spectrum and we anticipate continued market disruption through 2016.


 Tequity is Attending NRF The Big Show in January 2016

Having just completed our 8th (!) Retail Technology transaction, and with several more slated to close before NRF, we know the M&A market in the Retail Technology sector. We are currently reserving meeting times with shareholders and owners interested in having a discussion with us about the current market, your strategy for 2016, and what you need to be doing today to build value in your company.  Tech M&A in the Retail sector is very busy: there is a great deal of consolidation in the middle market as large strategics continue to use M&A to maintain or grow their market share. In fact, we haven’t ever seen a better market for Sellers. There are a limited number of meeting times available. If you’re going to be at NRF and you’d like to meet, please contact Diane Horton to reserve a time.  


Raymark TombstoneTequity’s Client Raymark Xpert Business Systems, Inc. Has Been Acquired by Mi9 Retail

TORONTO, Nov. 10, 2015 /PRNewswire/ — Tequity Inc. acted as the exclusive advisor to Raymark Xpert Business Systems, Inc. in their acquisition by Mi9 Retail. The combined company brings together two innovators in retail software to offer a broad suite of real-time enabled applications.  This represents the 8th successful Retail Technology transaction completed by Tequity in recent years.

Press Release


Tequity’s Participation in Technology Industry Conferences Continues in 2015

The current climate in Tech M&A has prompted many owners and executives to consider whether the timing might be optimal to explore a strategic M&A transaction – either to supplement organic growth or to take advantage of what is currently a sellers’ market.

In 2015, Tequity has continued their commitment to meet shareholders and executives at the events that matter to them.  We have met and spoken with numerous company owners who are considering whether the timing is right for them to explore the sale of their company.  Our meetings provide a confidential forum for us to learn about your unique situation and objectives, and to lay the foundation for ongoing assistance and guidance on what buyers are looking for (and will pay a premium to acquire) and knowing when the time is right; i.e. how to time the market.

Conferences Tequity’s Advisors attended in 2015:

We’ll be publishing the list of conferences we will be attending in 2016 soon.  If you’ve been weighing your options and are interested in a conversation, let’s meet at one of the events in 2016.  Contact Diane Horton.


Tequity’s Retail Software Client, Multipost Ltd., Acquired by ACCEO Solutions Inc.

Toronto, ON (PRWEB) June 17, 2015  Tequity Inc., an M&A advisory firm with a unique focus on Software and Information Technology companies is pleased to announce the acquisition of their Retail POS client, Multipost Ltd., by ACCEO Solutions Inc.  Tequity acted as the exclusive advisor to Multipost Ltd.  Read the Press Release


Tequity’s Client, Frameworks, Inc. Has Been Acquired

Tequity is pleased to announce the acquisition of their client, Frameworks, Inc. of Toronto Ontario by Alchemy Systems of Austin Texas, a platform company in the portfolio of The Riverside Company.  The transaction closed in May 2015. Details were not disclosed. Tequity acted as the exclusive advisor to Frameworks.


Tequity Announces Successful Tech M&A Carve-Out

Toronto, ON (PRWEB) January 13, 2015  Logitek Technology Ltd. (QLogitek), a wholly owned subsidiary of Smart Employee Benefits Inc. (SEB), has entered into an agreement with DiCentral Corporation to jointly service the Canadian EDI (Electronic Data Interchange) market. Tequity acted as the exclusive advisor to Smart Employee Benefits Inc.  Read the Press Release


Tequity Announces Acquisition of their IT Infrastructure Client

TORONTO, ONTARIO (PRWEB) December 18, 2014  Tequity Inc. assisted the shareholders of Itex Enterprise Solutions in their acquisition by TIG (Technology Integration Group Inc.).  Read the Press Release


Tequity Announces Acquisition of their Managed Print Services Client

TORONTO, ONTARIO (PRWEB) December 17, 2014  Tequity Inc. assisted the shareholders of ShareNet Inc. in the acquisition of the company by TIG (Technology Integration Group Inc.).  Read the Press Release


Tequity Inc. Advises Defence Software Client, Tactical Technologies Inc., on their Acquisition by Finmeccanica – Selex ES

TORONTO, ONTARIO (PRWEB) October 23, 2014  M&A Advisory firm to Software and Technology Companies, Tequity Inc., announces the acquisition of their client Tactical Technologies Inc., the provider of Electronic Warfare Analysis Software and Services, by international firm Finmeccanica – Selex ES.  Read the Press Release


Tequity Advises Optical Lab Management Software Client, CC Systems, on Acquisition by Ocuco

Markham,, ON (PRWEB) September 29, 2014  Tequity’s client, CC Systems, the provider of Lab Management Software (LMS) solutions for the optical industry, has been acquired by Dublin based LMS provider Ocuco.  Read the Press Release


Tequity Announces Acquisition of their Retail Software Client

MARKHAM, ON (PRWEB) August 19, 2014  Tequity Inc. assisted MI9 Retail, the premier provider of enterprise retail merchandising, business intelligence and store operations software, with their growth strategy through strategic acquisition. Read the Press Release


Tequity Inc. Nominated as Technology Enabler of the Year!

Tequity Inc., M&A aTech Enabler of the Year dvisors to lower middle-market software and technology companies, was honoured by our recent nomination for Technology Enabler of the Year by TechConnex, the Industry-directed hub for Technology Companies in the Greater Toronto Area. We were considered alongside co-nominees RBC Royal Bank of Canada and Wilson Vukelich LLP.

This award recognizes the company or organization characterized as contributing in the role of tech enabler or professional advisor or services that has demonstrated business leadership innovation and excellence in a commitment to the growth and expansion of companies within the knowledge-based sector in the Greater Toronto Region.

Consideration in this category requires increasing levels of community involvement and thought leadership, and demonstration of sound business relationships in the role as trusted advisor to tech business leaders. A minimum of 5 years in business is required for judges to investigate the organizations’ sustained commitment to the sector and business track record.

The TechConnex Technology Leadership Awards is an annual top level GTA technology recognition event. The initiative has expanded to now celebrate 15 GTA technology companies as nominees for industry leadership recognition as well as two individuals for exceptional personal contributions to the sector.

See the Video


Tequity is Going to Be at Vision Expo East March 27-28

International Vision Expo East is the pre-eminent vision and eye-care conference and expo where software and technology products and services for the eye-care industry are showcased alongside fashion and medical company offerings. If you are planning to attend, we’d like to meet. Please use our online Vision Expo Calendar Link to choose a time. We’re happy to talk about current M&A valuations and opportunities in this market sector and learn about your strategy for 2014.


Tequity Will be Attending MODEX 2014 March 18-19

Are you a Supply Chain, Logistics, Manufacturing, or related software or technology company? Do you know what is happening in your industry now in the M&A arena?

MODEX 2014 will be one the largest expositions for manufacturing, distribution and supply chain solutions in the Americas in 2014. Tequity is excited to attend and meet up with former clients and also to  have an opportunity to meet in person with many companies we’ve started relationships with by phone. We plan to be on site on March 18 and 19th, and if you would like to meet up, please use our MODEX Meeting Link here.  

The value of tech transactions around the globe hit its highest level in a half-decade in 2013 and 2014 is poised to be an even stronger year.  For companies in the right position, 2014 will prove to be an optimal time to consider a sale.

We look forward to discussing:

  • Recent Merger & Acquisition trends in the Supply Chain and Logistics technology sector
  • Current market valuations
  • Who’s buying
  • What investors and buyers are looking for
  • How to improve your equity value
  • Preparing for a sale
  • Timing the market for optimum results

We would also like to talk to companies pursuing an acquisition strategy to gain an understanding of your parameters and what would be of interest.

If you are planning to be at this event, drop us a line or book a time to meet us for a cup of coffee and a candid discussion on how the current M&A market might be impacting your company.


Tequity to Attend the Insurance Technology Conference in Toronto March 17

Insurance Tech M&A Jumped 16% in 2013 and the growing focus on core systems, modernization, and industry consolidation will drive M&A activity through 2014.

The insurance industry is facing ever evolving business and technology demands and investing in cloud-based, agile technology and business systems is required for companies to remain ahead of the competition.  If you provide software or technology to the insurance industry, are you planning on participating in the upcoming ICTC2014 event in Toronto? Let’s meet while you’re there. We’d welcome the opportunity to learn about your focus and core strategy for 2014 and to discuss the current M&A climate in your market.

Use our ICTC2014 Calendar link here to choose a meeting time.


LegalTech® Show a Success

Tequity recently attended LegalTech® in New York and welcomes the opportunity to meet with past Legal Technology clients and to also meet in person with companies interested in the current M&A market for Legal Technology companies in North America.


NRF The Big Show 2014 a Big Success for Tequity

As part of our ongoing efforts to meet our clients and prospective clients where they meet, Tequity attended “NRF 2014” the big retail show in New York last week. There were a few dominant themes this year most notably around cloud and mobile. Meeting previous clients and talking to new Retail Tech CEO’s underscored our prediction that we will continue to see this market consolidate further in 2014.  Read more here.  Access session materials and video highlights here.


Tequity Assists Birlasoft with their Acquisition of EnablePath

MARKHAM, ON (PRWEB) January 16, 2014 Tequity Inc. is pleased to announce the acquisition of EnablePath, a fast growing CRM solutions provider and Salesforce.com Gold Cloud Alliance Partner based in Atlanta, USA, by their client, Birlasoft. Tequity acted as the exclusive advisor to Birlasoft for this transaction. Read the Press Release


Tequity Advises LawTech1 on Acquisition by an Offshore Buyer

Markham, ON (PRWEB) January 13, 2014  Tequity Inc., a progressive M&A advisory firm serving software and technology companies across North America is pleased to announce another successful transaction with the acquisition of their client, code-named “LawTech1”, by an offshore buyer. Details of the transaction have not been disclosed. Tequity acted as the exclusive advisor to LawTech1. Read the Press Release


Tequity Advises Eurodata Support Services Inc. on Acquisition by TERiX Computer Service

Markham, ON (PRWEB) September 17, 2013  The advisors at Tequity are pleased to announce the strategic acquisition of their client, Canadian IT service provider Eurodata Support Services Inc. by TERiX Computer Service, headquartered in California. Terms were not disclosed.  Read the Press Release


Tequity Advises CPAS Systems on Acquisition by Xerox

Markham, Ontario (PRWEB) August 20, 2013  The advisors at Tequity are pleased to share the recent announcement by Xerox of the acquisition of their client, CPAS Systems Inc.  Read the Press Release


Tequity Advises QLogitek on Acquisition by SEB

Markham, Ontario (PRWEB) March 19, 2013 Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in “managing group benefit solutions and healthcare claims processing environments, managing human resource processes and requirements and automating business processes” for corporate, government and non-profit clients. SEB is pleased to announce it has received final approval from the TSX Venture Exchange and has closed the acquisition of Logitek Technology Ltd. (“QLogitek”). Tequity Inc. advised QLogitek on the transaction. Terms were not disclosed.  Read the Press Release 


Tequity Advises Munics Information Systems on Acquisition by Robocom Systems International
MARKHAM, ON, February 2013 – Tequity Inc. is pleased to announce another successful transaction in the Supply Chain Software sector with the acquisition of their client, Munics Information Systems Inc., based in Cedar Knolls, New Jersey, by Robocom Systems International, based in Farmingdale, New York. Tequity acted as the exclusive adviser to Munics. Terms were not disclosed.  Read the Press Release

Tequity Inc. Advises qdata on Merger with Viascan Group

January 2013 MARKHAM, ON Tequity is pleased to announce the merger of qdata Inc. (www.qdata.com) and the Viascan Group Inc. (www.viascan.com) to become Canada’s leading company in the barcoding, RFID, and wireless networking industry.  Terms were not disclosed.  Read the Press Release


Tequity Advises qdata on Merger with Viascan Group

MARKHAM, ON, January 2013 – Tequity is pleased to announce the merger of qdata Inc. (www.qdata.com) and the Viascan Group Inc. (www.viascan.com) to become Canada’s leading company in the barcoding, RFID, and wireless networking industry.  Read the Press Release


MARKHAM, ON January 2013 – Tequity Predicts Strong 2013 M&A Outlook for Lower Mid-Market & Small Software, Information, Communications, Digital Media, and Technology Companies

Click Here for the Full Article


Tequity’s Managing Director, Kevin Tribe, Featured Speaker at 2012 Canadian ISP Summit

TORONTO, Ontario, November 5, 2012 – Kevin Tribe was invited to speak to attendees at the 2012 Canadian ISP Summit on “Value and Valuations: What Buyers Look for in Acquisitions”.  To obtain a copy of Kevin’s presentation, please contact us.


Tequity Advises QLogitek on Acquisition by SEB

TORONTO, ONTARIO–(Marketwire – Sept. 18, 2012) Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in “managing group benefit solutions and healthcare claims processing environments” for corporate, government and non-profit clients. SEB has reached an agreement to acquire Logitek Technology Ltd. (“QLogitek”).  Read the Press Release


Tequity Announces Acquisition of Maple Lake Limited by TXT e-solutions
MARKHAM Ontario, July 30, 2012 – Software and technology company merger and acquisition firm TEQUITY, INC. is pleased to announce that TXT e-solutions has entered into a binding agreement for the acquisition of Maple Lake Limited, a leading software developer of Assortment Planning and Allocation solutions for Specialty Retailers.  Maple Lake is Head Quartered in Markham, Canada with offices in the UK and Australia. Tequity acted as adviser to Maple Lake.  Read the Press Release

Tequity Announces Acquisition of Group Laurier by Infor

MARKHAM Ontario, July 23, 2012 – Software and technology company merger and acquisition firm TEQUITY, INC. today announced that Group Laurier has been acquired by Infor.  Terms were not disclosed.  Tequity acted as advisors to Group Laurier. Read the Press Release


Tequity Inc. Announces Acquisition of Doc.IT Inc. by Roynat Capital

MARKHAM Ontario, June 6, 2012 – Software and technology company merger and acquisition firm TEQUITY, INC., today announced the acquisition of Doc-It Inc. by Roynat Capital’s National Equity Group.  Read the Press Release


Tequity Inc. Advises EMANIO on Asset Acquisition by DiCentral

Markham, ON, September 7, 2011 – Software and technology company merger and acquisition specialist Tequity Inc., today announced the acquisition of EDI and data integration products Trading Partner and Unite! from EMANIO, Inc. by DiCentral Corporation, a leading innovator in computer software for B2B integration and EDI (Electronic Data Interchange) to the supply chain.  Read the Press Release


Markham ON, April 26, 2011:   M&A Advisor and Corporate Business Strategist Jim Pullen joins Tequity.  Read the press release


Tequity Inc. Advises Cambar Solutions on Acquisition by Robocom Systems International

Markham ON, February 16, 2011 – Technology company merger and acquisition specialist Tequity Inc. today announced the acquisition of Cambar Solutions, based in Charleston, South Carolina, by Robocom Systems International, based in Farmingdale, NY.  Tequity Inc. acted as advisor to Cambar. Terms were not disclosed.  The combined companies will operate as Robocom Systems International and will maintain an office in Charleston SC. Read the press release


Building Momentum in the Tech Cluster

YTA Announces 2010 Board of Directors   MARKHAM,2009 – The York Technology Association (YTA) today elected its 2010 Board of Directors, adding representation from Compugen, Open Text, Seneca College, Schulich School of Business and several leading technology and professional service companies to the solid list of returning members. Click here for the full story


New M&A Firm Revealing Riches in Tech Companies

Tequity Inc. to help companies identify genuine value in merger and acquisition deals   MARKHAM, April 27, 2009 – Revealing genuine value for both buyer and seller is core to the service offered by new M&A firm Tequity Inc. “The value is more than in the eye of the beholder, it must be genuine and achievable for the purchaser,” commented Kevin Tribe, CEO of Tequity Inc. Building on his personal experience as CEO of a technology company sold as a strategic investment, Mr. Tribe has worked to help investors in the technology space to connect in a manner that recognizes value and the need of both parties.

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