F12.net

​ Executing acquisition to support national expansion

Background

F12.net (“F12”), a leading Canadian Managed Service Provider (MSP), was executing on a highly successful acquisition strategy, however, all their acquisitions had been in Western Canada.  The company was now looking towards Ontario, and specifically, the GTA area for expansion, and FirePower  was engaged to find appropriate targets.​

Solution

FirePower’s team worked with F12 to understand their acquisition strategy, then built a comprehensive target list and crafted a story that emphasized F12’s amazing corporate culture. This was key to generating interest from potential targets in the MSP space, as it is dominated by younger business owners. Apps on Tap was of particular interest as it represented an exciting, potentially synergistic addition to F12’s eastern operations. FirePower’s team worked to make contact and build a relationship with the company.​

Apps on Tap was ultimately sold on the benefits of joining the F12 family. With FirePower’s support, F12 acquired Apps on Tap in May,2018, thus taking a significant step forward in developing its GTA presence.

Investment Banking IT Software & Services
Case Studies

Decisive
Decisive Technologies is a value-added reseller of IT hardware, and BriteSky Technologies is a Canadian, managed cloud services provider (collectively “Decisive”). After five years of successful organic growth, Decisive needed additional capital to accelerate its expansion plans. The shareholders were adamant that a new investor should have values and a vision for the company that aligned with theirs, and FirePower was engaged to find an investor and negotiate a deal structure that met all of the shareholders’ objectives.

Read Full Case Study

CSR Cosmetic Solutions
The owner of CSR had taken over the business out of bankruptcy. After successfully building it into one of the largest cosmetic contract manufacturers in North America, he was ready for a well-deserved retirement. A previous sale attempt (by a top-tier accounting firm) was unsuccessful in 2015.

Read Full Case Study
Market Insights
From the archives: October 2018

Buyers' Perspectives in a Competitive M&A Market
“Beauty is in the eye of the beholder”. It’s an age-old saying, but if you change a couple of words – the first and…

Read Full Report