Banyan Software Acquires Octopus ITSM
November 14, 2025
Banyan Software has acquired Octopus ITSM, a Montreal-based provider of cloud-based ITSM and CMMS software. Octopus, founded in 2010, serves primarily healthcare and education customers across Canada and France and supports more than 250,000 users; Banyan says it will support the company's growth while preserving founder leadership.
- Buyers
- Banyan Software
- Targets
- Octopus ITSM
- Industry
- Software
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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