Corporate AcquisitionsPayments

IBM Acquires Expertus Technologies to Expand Hybrid Cloud Digital Payment Solutions

Canadian Fintech Solutions Provider Gives Financial Institutions the Flexibility and Security to Rapidly Innovate and Compete; Advances IBM’s Hybrid Cloud and AI Strategy ARMONK, N.Y–IBM has acquired Montreal-based fintech company, Expertus Technologies Inc. The acquisition strengthens IBM’s portfolio as an end-to-end digital payments solution provider and further advances IBM’s hybrid …

Corporate AcquisitionsIndustry NewsPayment Processing

Nuvei to Acquire Base Commerce

MONTREAL, QC–Nuvei has entered into a purchase agreement to acquire substantially all of the assets of Base Commerce, a leading provider of integrated payment solutions. The transaction is expected to close on or about December 31, 2020, subject to customary closing conditions. Founded in 2008, Base is a technology-driven payment …

Corporate AcquisitionsCybersecurityIndustry News

VersaBank-Owned DRT Cyber to Acquire Digital Boundary Group

LONDON, ON–VersaBank’s wholly owned, Washington, DC-based subsidiary, DRT Cyber Inc., has signed a definitive agreement to acquire all of the outstanding shares of privately-owned Digital Boundary Group (DBG). DBG provides corporate and government clients with a suite of IT security assurance services. These range from external network, web and mobile …

Corporate AcquisitionsEntrepreneurs

TSG Announces Acquisition of PerfectMind

PerfectMind is the leader in the Parks and Recreation market in North America BURNABY, BC–TSG, an Advent portfolio company and leading global provider of business management software, integrated payments, and value-added services to the Health and Fitness, Childcare and Education, and Boutique markets, today announced that it has acquired PerfectMind …

Corporate AcquisitionsEquipment FinanceTransportation

Fleet Complete Continues Global Expansion with Acquisition of CSI Fleet

Acquisition of a leading Mexican telematics provider accelerates recent expansion into Mexico TORONTO, ON–Fleet Complete, the fastest-growing provider of IoT solutions in the connected commercial vehicle space, announced today its acquisition of Centro de Soluciones Inalámbricas (CSI), a leading fleet telematics player in Mexico. Terms of the transaction were not …

Corporate AcquisitionsMergers & Acquisitions

Pollard Banknote to Acquire mkodo Limited

WINNIPEG, MB–Pollard Banknote Limited has signed a definitive agreement to acquire 100% of the equity of mkodo Limited, a leading provider of digital apps and user interfaces for the lottery and gaming industry worldwide. The Acquisition is subject to certain standard regulatory and third-party consents and is expected to close …