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.

Targets
Octopus ITSM
Industry
Software
Location
Quebec, Canada
Transaction Type
Buyout

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