Qvantel Acquires Optiva Inc.

December 31, 2025

Qvantel Oy completed its acquisition of Optiva Inc. via a statutory plan of arrangement, acquiring all issued and outstanding common shares of Optiva. The transaction paid Optiva shareholders C$0.25 per common share, cancelled Optiva's US$108.6 million PIK notes with consideration to noteholders (including purchaser shares, purchaser-issued senior secured notes and warrants), and will result in Optiva being dissolved and delisted from the Toronto Stock Exchange. The combined company expands Qvantel's telecom monetization and digital operations portfolio and supports more than 70 operators with a global workforce exceeding 1,000 professionals.

Buyers
Qvantel Oy
Targets
Optiva Inc.
Sellers
Optiva shareholders, Holders of Optiva 9.75% senior secured PIK notes (Noteholders)
Industry
Software
Location
Ontario, Canada
Transaction Type
Buyout

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