decor decor
"The secret of success is to do the common thing uncommonly well."

-John D. Rockefeller

Scalar Decisions Inc. Announces Agreement to Acquire Mainland Information Systems

martinwolf Transaction Analysis
Financial Information
  • Scalar 2015 Revenue: $200M CAD*
  • Mainland 2014 Revenue: $100-125M CAD*

Transaction Facts

  • Toronto-based Scalar Decisions Inc. and Calgary-based Mainland Information Systems Ltd., two CDN Top 100 Solution Providers, confirmed on Tuesday a merger agreement.
  • The deal may result in the combined company ranking in or near the Top 5 of the CDN Top 100 Solution Providers rankings. Currently, Scalar is No. 11 and Mainland is No. 16. Both companies have risen in rank since the 2013 list, where they were ranked 15 and 19, respectively.

Size is Key to Capture Market  

  • East Meets West: This transaction helps the combined company achieve national presence, pairing Western-based Mainland with Eastern-based Scalar. Together, the combined company will be what Mainland President Jason Born describes as a “truly national IT solutions company.”
  • Complementary Offerings Strengthen Presence: Together, the companies will have expanded service offerings and better compete with all-inclusive market leaders. Scalar benefits from Mainland’s presence and customer base, while Mainland is strengthened by Scalar’s existing bench strength and security services capabilities.
  • Consolidating to Face Major Players: With the top four solution providers on CDN’s list all clearing $400M CAD, it’s increasingly difficult for players to survive without either going big or identifying a specific market niche to fill. Following this consolidation, Scalar is not reducing headcount – instead, it expects to have 50 open positions to fill.

For more information about this transaction, click here to read the press release. martinwolf was not the advisor in this transaction.

 

*Scalar 2015 revenue from company website. Mainland 2014 revenue range from CDN Top 100 list.

previous post Back to Articles next post

13 May 2021

NWN Corp. Acquires Carousel Industries

Financial Information ($USD) Not Disclosed Transaction Details NWN Corporation, a leading Cloud Communications Service Provider (CCSP), announced yesterday that it will acquire fellow solutions provider Carousel Industries. Financial terms of the deal were not disclosed. New State Capital Partners, majority stakeholder of NWN since 2015, is backing the transaction which will form a combined company...

13 May 2021

Softchoice Files for IPO

Announcement Details Softchoice Corporation, a leading technology solutions provider in North America, announced yesterday that it has filed a preliminary prospectus for an initial public offering. Softchoice’s common shares will be traded on the Toronto Stock Exchange, although the number of shares and price have not yet been disclosed. Before Toronto-based Softchoice was taken private in...

15 Apr 2021

KKR to Acquire Ensono in $1.7 Billion Deal

Financial Information ($USD) Enterprise Value:    $1.7 Billion Transaction Details Global investment firm KKR & Co, Inc. (NYSE: KKR) is acquiring leading hybrid IT services provider Ensono from private equity firms Charlesbank Capital Partners and M/C Partners. While financials have not been disclosed, the transaction is valued at $1.7 billion inclusive of debt, according to Reuters....