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Company profile: Converge

1.1 - Company Overview

Converge Logo

Converge

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of cloud platforms, cybersecurity, digital infrastructure, digital workplace, managed services, and talent solutions. Builds a national platform of regionally focused IT infrastructure firms in the US and Canada, connecting best-of-breed services and solutions to help organizations minimize cloud disruption, transform IT, secure operations, enable collaboration, and receive 24x7 support.

Products and services

  • Digital Infrastructure: Transforms IT organizations by leveraging data center, networking, and security systems to drive comprehensive infrastructure change, enterprise-grade
  • Cloud Platforms: Enables organizations to harness cloud computing technologies while minimizing disruptions to existing operations using a modular architecture
  • Cybersecurity: Delivers services and systems to keep pace with shifting threats, risks, and regulations with industry-standard methodologies

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Converge

Orion Innovation Logo

Orion Innovation

HQ: United States Website
  • Description: Provider of IT services and solutions, including digital transformation for front- and back-end technologies; BSS modernization to improve customer acquisition, onboarding, and large corporate network operations; OSS solutions to enhance network performance, reduce downtime, and manage SMB networks; video services transformation; end-to-end software and technology solutions to optimize development time and cost; and quality engineering.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Orion Innovation company profile →
Open Robotics Logo

Open Robotics

HQ: United States Website
  • Description: Provider of open source robotics software and tools, including ROS to build robot applications, Gazebo to simulate robots and environments with physics and graphics, and Open-RMF to enable modular interoperability coordinating multiple robot fleets and integrating with infrastructure like elevators and doors, supporting research, education, and product development.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Open Robotics company profile →
Our IT Department Logo

Our IT Department

HQ: United Kingdom Website
  • Description: Provider of managed IT services and solutions for a wide range of industries, serving new businesses to large multi-office organisations. Offerings include proactive computer network management and assistance to existing onsite staff.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Our IT Department company profile →
Ecraft Logo

Ecraft

HQ: Finland Website
  • Description: Provider of IT and consulting services, delivered by an expert company.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Ecraft company profile →
RD Velho Logo

RD Velho

HQ: Finland Website
  • Description: Provider of design and development services that improve customers' competitiveness by creating products and services based on end users' needs, specializing in embedded systems development and planning solutions for the industrial internet (IoT).
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full RD Velho company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Converge

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Converge

2.2 - Growth funds investing in similar companies to Converge

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4 - Top valuation comps for Converge

4.2 - Public trading comparable groups for Converge

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4.3 - M&A Transactions similar to Converge

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Converge

What does Converge do?

Converge is a provider of cloud platforms, cybersecurity, digital infrastructure, digital workplace, managed services, and talent solutions. Builds a national platform of regionally focused IT infrastructure firms in the US and Canada, connecting best-of-breed services and solutions to help organizations minimize cloud disruption, transform IT, secure operations, enable collaboration, and receive 24x7 support.

Who are Converge's competitors?

Converge's competitors and similar companies include Orion Innovation, Open Robotics, Our IT Department, Ecraft, and RD Velho.

Where is Converge headquartered?

Converge is headquartered in Canada.

How many employees does Converge have?

Converge has 1,000 employees 🔒.

When was Converge founded?

Converge was founded in 2010 🔒.

What sector and industry vertical is Converge in?

Converge is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Converge

Who are the top strategic acquirers in Converge's sector and industry

Top strategic M&A buyers and acquirers in Converge's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Converge?

Top strategic M&A buyers groups and sectors for Converge include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Converge's sector and industry vertical

Which are the top PE firms investing in Converge's sector and industry vertical?

Top PE firms investing in Converge's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Converge's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Converge's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Converge's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Converge include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Converge's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Converge?

The key public trading comparables and valuation benchmarks for Converge include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Converge for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Converge with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Converge's sector and industry vertical?

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What are recent capital raises and funding rounds in Converge's' sector and industry vertical?

Access recent funding rounds and capital raises in Converge's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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