Calligo, a global cloud solution provider has purchased Canadian cloud services provider, 3 Peaks Inc. Q Advisors, a leading TMT investment banking boutique, acted as financial advisors to Calligo for this transaction.
More about the transaction…
The acquisition of the Burlington, ON and Vancouver, BC based business and its Pacific Online business, which has clients right across Canada and the USA, is an important step in Calligo’s ongoing growth strategy which includes expansion into North America.
All existing 3 Peaks clients will continue to receive the high levels of service they have become accustomed to along with access to the extended capabilities and data privacy-enabled services that Calligo offers as a global cloud provider.
“We’re delighted to have acquired 3 Peaks as part of our continuing growth strategy,” said Julian Box, Calligo’s Chief Executive Officer. “We now have a firm focus on North America and this acquisition will allow us to provide our unique GDPR-enabled infrastructure and services to clients based there.”
“We know that 3 Peaks’ excellent reputation for customer-focused service delivery will make this a great acquisition, giving us a superb team and respected new clients, while expanding our capabilities into this exciting market.”
Ian Clark, CEO, 3 Peaks, said: “We are very excited to have concluded this agreement with such a respected and innovative business as Calligo. Calligo’s deep commitment and understanding of data privacy means our clients will benefit from their expertise and unique service offerings, while continuing to enjoy the highest standards of local support.”
Box added: “With the backing of our investor Investcorp Technology Partners, we are actively looking to execute further strategic add-on acquisitions over the coming months as we continue to expand our global footprint.”
About Q Advisors
Q Advisors is a world-class global boutique investment bank formed in 2001 serving public and private companies, PE firms, entrepreneurs and large multi-nationals in the telecom, media, and technology (TMT) sectors. We have an extensive, global reach, while also providing the personalized service of a boutique advisory firm. Thanks to our partners and senior staff, who come from leading investment banks and operating companies, we can leverage extensive industry knowledge and analytical insights to help our clients achieve successful M&A and capital markets transactions. As a hands-on, employee-owned firm, Q Advisors is uniquely suited to be your long-term partner in navigating a path to dynamic financial and strategic growth.
Please visit www.qllc.com for more information on our services and other recent transactions.