Portage CyberTech (A Converge Company) Acquires 1CRM Systems Corp.

March 1, 2022

Portage CyberTech Inc., a majority‑owned subsidiary of Converge Technology Solutions Corp., has acquired 1CRM Systems Corp., a Victoria, British Columbia‑based SaaS CRM and business management software provider. The deal comprised $3.0 million cash at closing plus up to $2.0 million in earn-outs; 1CRM reported trailing twelve‑month revenue of approximately $820,000 as of October 31, 2021.

Buyers
Portage CyberTech Inc. (A Converge Company), Converge Technology Solutions Corp.
Targets
1CRM Systems Corp.
Platforms
Portage CyberTech Inc.
Industry
Cloud & SaaS
Location
British Columbia, Canada
Transaction Type
Addon

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.