We understand and pursue the value of IP and other “off the balance sheet” items that have a tremendous impact on valuation in knowledge-based businesses.
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.
Founded in 1981, Eurodata Support Services is a nationwide provider of mission critical on-site maintenance programs for most major brands of computer related equipment. In addition to offering onsite maintenance programs and software support services tailored to each customer, it also promotes and sells new and refurbished IT equipment for some 200+ brands. See http://www.eurodata.ca for additional information.
TERiX is a global datacenter hardware support company providing flexible multivendor service on over 30 OEM brands of server, storage and network hardware to clients and partners worldwide in over 48 countries.
The Eurodata acquisition builds on the significant presence TERIX has established in Canada over the past decade by offering complementary product support services and greater market reach.
“Eurodata has been serving clients faithfully across Canada for more than 30 years,” said Claude Briand, Strategic Sales Executive with TERiX Canada. “We’re very excited to welcome the Eurodata team, whose capabilities, personnel and customers are a logical expansion of TERiX’s commitment to delivering innovative solutions, with a focus on customer satisfaction second to none.” See http://www.terix.com for additional information.
Tequity provides M&A advisory services to Software and Information Technology companies exclusively throughout North America. We assist CEO's and shareholders with divestitures, acquisitions, valuations, and exit strategies, and are experienced in both domestic and cross-border transactions. Our strategic focus, deep understanding of the market, vast network, and creative negotiating skills, add tremendous value to our client relationships.