UST Acquires TCB Corporation (Prodigy Labs) from Prodigy Ventures

January 31, 2023

UST, a global digital transformation and IT services provider, has acquired TCB Corporation (operating as Prodigy Labs) from Prodigy Ventures Inc. for a deal valued at up to CAD 12.5 million. The acquisition strengthens UST's digital transformation capabilities in the financial services sector and expands its presence in the Canadian market.

Buyers
UST
Targets
TCB Corporation (operating as Prodigy Labs)
Sellers
Prodigy Ventures Inc.
Industry
IT Services
Location
Ontario, Canada
Transaction Type
Buyout

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