Volatus — which now has 150 employees — has embarked on its most ambitious transaction yet. Earlier this year, it announced a merger with Drone Delivery Canada Corp.
Mergers & Acquisitions
Aurora headquartered Thermogenics expands US southwest operations with acquisition of Las Vegas-based Pyro Combustion & Controls
Thermogenics, a leading provider of boiler lifecycle solutions for commercial and industrial boilers, announces the acquisition of Pyro Combustion & Controls Inc. in Las Vegas, Nevada. This expansion is Thermogenics’ second location in the Western United States.
Markham Headquartered Team Group Acquires S.&T. Group, Expanding Presence in Northern Ontario
Existing customers of S.&T. Group can expect the same high standards of service and quality under the new ownership, there will be no changes to the current employees and the management team will continue under the leadership of Sarlo and Tatasciore.
Global tech firm, Agilysys, acquires Markham headquartered Book4Time for $204 million
Roger Sholanki, Founder, said in a statement that Book4Time is “excited about the opportunity to join forces” with the Agilysys team.
Aurora headquartered Thermogenics expands into the US southwest with acquisition of Arizona-based boiler service company
Thermogenics announced the acquisition of High Desert Mechanical in Apache Junction, Arizona. This expansion is Thermogenics’ first location in the Western United States.
Markham headquartered Sentrex Health Solutions expands innovative healthcare services with strategic acquisition of PerCuro Clinical Research Ltd.
Both organizations are dedicated to delivering seamless care through this transition, while ensuring continued high-quality care for all patients and stakeholders involved.
Markham headquartered Enghouse Systems signs agreement to acquire Mediasite
Sonic Foundry is dedicated to transforming how the world works and learns through innovative and scalable technology solutions.
Trinity Consultants acquires Richmond Hill headquartered Valcoustics Canada
The company will operate within Trinity’s built environment business, combining its acoustical capabilities with those that span North America, Ireland, and Australia into one unified entity.
TPG acquires majority of Oxford’s GTA industrial portfolio including a Vaughan business park in new joint venture
The joint venture, which is the first between TPG and Oxford, represents one of the largest private industrial real estate transactions in Canada to date. TPG Real Estate, TPG’s diversified real estate investment platform, is acquiring the properties through its dedicated real estate equity fund series.
Newmarket, East Gwillimbury chambers of commerce merge
Union brings expanded and improved services, networking, says Chris Emanuel, who will continue in his role as president and CEO at new Central York Chamber
Markham headquartered Enghouse Systems completes Lifesize acquisition technology addition enhances cloud contact center and video businesses
With Enghouse and Lifesize joining forces, businesses utilizing the combined technologies can provide seamless collaboration and superior customer experiences. Lifesize will be integrated within the Enghouse Interactive Management Group.
ODL acquires Vaughan-based Tru Tech Doors
Tru Tech Doors, a high-performance steel and fiberglass door manufacturer, was founded by John Careri in 1998 and, on February 28, 2023, celebrated its 25th anniversary. John will join the ODL team as Executive Vice President and President of the Door Division. He will lead ODL’s door manufacturing and development efforts as the company expands throughout North America.
Aurora headquartered Environmental 360 Solutions announces closing of acquisition by BlackRock Alternatives
Mr. Ardellini, on behalf of E360S and its employees, said, “This partnership with BlackRock is a significant milestone for E360S and represents the next stage of the Company’s evolution. We now have over 1,500 dedicated employees across five provinces in Canada and over 30,000 customers.”
Richmond Hill headquartered Artaflex acquires Custom Rapid Response (CRS) Inc. and GSNetworks Inc.
“When you couple the addition of five SMT lines from CRS and their focus around power, sustainable/renewable energy and the industrial automation markets with our focus on higher volume pcb assembly, box build, systems integrations and test (SIT), this combination will provide a very comprehensive suite of services in the Southern Ontario region,” enthused Gerry Iuliano, EVP of business development for Artaflex.
Markham headquartered Enghouse Systems acquires SaaS provider Navita
“Navita’s products have a strong presence in the Brazilian market,” said Steve Sadler, Chairman & CEO of Enghouse. “We intend to pursue expansion of this business through Enghouse’s existing and new relationships with other telecom service providers and other partners.”
Vaughan-based Empire Communities acquires ERTH, appoints Vice President, Sustainability & Innovation
“As we move into our 30th year of homebuilding, we believe that the diversification of our business into more innovation-driven initiatives will continue to position Empire as the builder of choice for homebuyers across North America, says Andrew and Dan Guizzetti, co-CEOs of Empire Communities.
York Region Headquartered Magna to Acquire Veoneer Active Safety Business
”This acquisition is consistent with our Go-Forward strategy to accelerate investment in high-growth areas, strengthens our ability to deliver systems solutions to meet customer needs, and positions Magna as a leading full-service ADAS provider,” said Magna CEO Swamy Kotagiri.
Markham Headquartered Enghouse Systems to Acquire Qumu Corporation Expanding its SaaS Enterprise Video Offering
Commenting on the acquisition, Steve Sadler, Chairman and CEO at Enghouse, said: “The combination of Qumu’s video creation, management and delivery solutions with Enghouse’s video collaboration and streaming products strengthens the position of both companies in a competitive space.”
Markham Headquartered Enercare Accelerates Canadian Growth with Acquisition of HydroSolution
Enercare is pleased to announce that it has signed an agreement to acquire HydroSolution, L.P.
Newmarket-Based Wolfpack Packaging Inc. Acquires Supreme Packaging
With this move, the Wolfpack team expands significantly as they bring in new leadership, supply chain, purchasing, warehouse and sales talent.
Align Capital Partners Invests in Leading Markham-Based SMT Manufacturer StenTech
Align Capital Partners is pleased to announce the acquisition of StenTech, the leading provider of surface mount technology stencils, pallets, tooling, and related components to more than 2,000 customers across North America.
Vaughan Headquartered PSP Services Completes the Acquisition of PSiGate, a wholly owned subsidiary of Peoples Payment Solutions Ltd.
Howard Klein, President of Peoples Payments and Cards, at Peoples Group, added: “Peoples Group is thrilled to transition the PSiGate business over to PSP. Their best-in-class POS systems as well as an extremely talented team will be a great addition to the service offering. We will continue to support the PSiGate business as the acquiring bank.”
Markham Headquartered OCR Canada Announces the Acquisition of Day 2 Mobility
“We are excited to invest in Day 2 as the company’s capabilities align with our strategy to offer leading enterprise mobility solutions that enable our customers to further modernize and elevate their worker and customer mobile experiences.
Vaughan Headquartered York1 Acquires United Environmental Holdings Inc.
The addition of United’s strategically positioned waste processing facilities increases York1’s network of waste and recycling processing facilities in Ontario to ten
Vaughan Headquartered GFL Environmental Announces Densification of Southern U.S. Footprint with the Acquisition of Sprint Waste Services
GFL is the fourth largest diversified environmental services company in North America with a workforce of more than 18,000 employees.
2021 Year In Review // York Region Economic Development
On behalf of York Region Economic Strategy, I am pleased to present the 2021 Economic
Development Year in Review. This is an overview of economic development activities undertaken this past year, highlights of business news from across the Region, and important economic indicators showing the strength and resilience of our business community in response to the COVID-19 pandemic.
Development Year in Review. This is an overview of economic development activities undertaken this past year, highlights of business news from across the Region, and important economic indicators showing the strength and resilience of our business community in response to the COVID-19 pandemic.
Markham Headquartered Sangoma Announces Acquisition of NetFortris
Not only can customers already get from Sangoma all the ‘aaS’ products they use today, but now they will also be able to obtain all the other cloud-based MSP services they know they need, such as managed network security, managed access, and managed SD-WAN.
Markham Headquartered Pet Valu Announces Acquisition of Chico, Québec’s Largest Pet Specialty Franchisor
Pet Valu Holdings Ltd., the leading Canadian specialty retailer of pet food and pet-related supplies, today announced its entry into the Québec market with the acquisition of Les Franchises Chico Inc.
Markham Headquartered TeraGo Sells Data Centre Business to Hut 8 Mining
Under the terms of the agreement, consideration payable to TeraGo Inc. will consist of C$30 million, to be funded from existing cash on the Company’s balance sheet. Hut 8 will retain substantially all current Data Center Business employees. The transaction has been approved by the board of directors of Hut 8 and TeraGo and is expected to close in the first quarter of 2022.
inTEST to Add Electronic Circuit and Electric Vehicle Battery Testing Capabilities with Planned Acquisition of Markham Headquartered Acculogic
inTEST Corporation has entered into a definitive agreement to acquire Acculogic Inc. and its affiliates.