Service Express Expands Canadian Footprint with Mid-Range Acquisition

Deal News | Dec 04, 2024 | PR Newswire Cision Service Express

Service Express, a leading provider of data center and infrastructure solutions, has acquired Mid-Range, a managed infrastructure solutions company based in the Greater Toronto Area. This strategic acquisition serves to expand Service Express’s presence in Canada and enhance its portfolio of services to its Canadian clientele. Mid-Range, a significant player with over 35 years of experience and a strong reputation as one of Canada’s largest IBM Gold Business Partners, brings a wealth of expertise to Service Express. This includes capabilities in managed cloud, infrastructure services, and professional services, further enriching Service Express’s offerings. The acquisition will see the integration of Mid-Range’s technical team, enhancing geographic flexibility and service efficiency, especially in areas like cloud offerings and infrastructure services. This merger will provide additional growth pathways for Mid-Range's staff and offer their client base access to a wide range of newly available services under Service Express’s umbrella. The move is highlighted as synergistic and complementary, combining both entities' strengths to enhance their collective service capabilities and market presence.

Sectors

  • Information Technology
  • Data Center Services
  • Cloud Computing

Geography

  • Canada – The acquisition targets Mid-Range, a Canadian company, and expands Service Express's operations in this market.
  • United States – Service Express is based in Grand Rapids, Michigan, contributing to the geographical context of this cross-border acquisition.

Industry

  • Information Technology – The acquisition involves companies specializing in data centers, infrastructure solutions, cloud services, and managed infrastructure services.
  • Data Center Services – Service Express and Mid-Range both offer data center and multivendor maintenance services, emphasizing the importance of this sector.
  • Cloud Computing – Mid-Range's expertise in managed cloud services and partnerships with major OEMs underscore the article's relevance to cloud computing.

Financials

    Participants

    NameRoleTypeDescription
    Service ExpressAcquirerCompanyA data center solutions provider that specializes in multivendor maintenance, managed infrastructure, and hardware services.
    Mid-RangeTarget CompanyCompanyA leading managed infrastructure solutions provider based in Canada, known for being a Gold IBM Business Partner.
    Warburg PincusAdvisorCompanyInvestment firm involved as an advisor to Service Express.
    Plante MoranAdvisorCompanyFinancial services provider advising Service Express.
    Stikeman ElliotLegal AdvisorCompanyLaw firm advising Service Express.
    CCC Investment BankingAdvisorCompanyInvestment banking firm advising Mid-Range.
    Canham, Rogers, and Holmberg WatsonAdvisorCompanyAdvisory roles for Mid-Range during the acquisition.