Givex Acquires Kalex Equipment Services
January 21, 2022
Givex (TSX: GIVX) has signed a definitive agreement to acquire all shares of Kalex Equipment Services, a Toronto-based IT service and consulting firm that specializes in retail and hospitality point-of-sale installation, repair and field services. The deal, which is expected to close the week of Jan. 24, 2022, will expand Givex’s installation and service capabilities across Canada and create cross-sell opportunities for its omnichannel POS and payments platform.
- Buyers
- Givex
- Targets
- Kalex Equipment Services
- Industry
- IT Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Avance Investment Management Makes Strategic Investment in Lexxel
July 6, 2026
Industrial Services
Avance Investment Management has completed a strategic investment in Lexxel, a provider of specialty maintenance and repair services for critical infrastructure. Lexxel’s founders and management are reinvesting equity alongside Avance, and will continue to lead the company.
-
Chorus Aviation Announces Agreement to Acquire Kadex Aero Supply
February 12, 2026
Transportation
Chorus Aviation Inc. entered into an agreement to acquire Kadex Aero Supply Ltd., an independent distributor of aircraft parts and related repair and overhaul services. The deal is expected to close in the second quarter of 2026, for total consideration of approximately CAD 50 million (with customary adjustments and contingent consideration).
-
Shift4 to Acquire Givex in All-Cash Transaction Valued at C$200 Million
August 26, 2024
Payments & Fintech
Givex has entered into a definitive arrangement agreement under which Shift4 will acquire all issued and outstanding shares of Givex in an all-cash deal. Under the terms, Givex shareholders will receive C$1.50 per share, implying an equity value of approximately C$200 million, with the transaction expected to close in November 2024 subject to customary conditions and approvals.
-
Evernex Acquires XSi (XS International)
September 21, 2022
IT Services
Evernex has acquired XSi (XS International), a US-based third-party maintenance (TPM) and IT lifecycle services provider, expanding Evernex’s presence and delivery capabilities in the United States with a hub in Atlanta/Alpharetta, Georgia. The deal strengthens Evernex’s data-center maintenance, ITAD and network equipment expertise and broadens its reach into additional markets via XSi’s local personnel and customers.
-
Givex Acquires Counter Solutions
August 15, 2022
Payments & Fintech
Givex Information Technology Group Ltd. has completed the acquisition of all outstanding shares of UK-based Counter Solutions Holdings Ltd. The deal adds Counter Solutions’ WAY2PAY self-service and smart-refrigeration capabilities to Givex’s POS, kiosk and payments platform, expands Givex’s footprint in the UK/Europe and will be paid through a mix of cash, debt and Givex shares.
-
Givex Acquires Loyalty Lane, Inc.
February 18, 2022
Marketing & Advertising
Givex Information Technology Group Limited has completed the acquisition of Loyalty Lane, Inc., including its subsidiaries Electronic Scrip Incorporated and Media Solutions Company. The deal adds roughly 2,000 merchant clients and about 11 million registered consumers, brings annualized revenue of ~US$4.5M, and expands Givex's platform and CRM/loyalty capabilities into the grocery, convenience store and fuel verticals in the United States.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.