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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Technology Information Technology Services
Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Converge Technology Solutions Corp > Converge Technology Solutions Acquires Paragon Development
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Comment by jimitwiston Jan 10, 2022 12:36pm
170 Views
Post# 34300238

RE:Converge Technology Solutions Acquires Paragon Development

RE:Converge Technology Solutions Acquires Paragon DevelopmentThe news release used both C$ and $US, it looks like the purchase price is $67 million for $239 million revenue, and EBITDA  of C$11 million. After this deal there should be $125 million left in cash for more deals.
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