3 Acquisitions of Companies in Kitchener

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Kitchener. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in Kitchener .

Chalk acquired by PowerSchool

Details about the transaction:

Acquisition amount:

$7,795,356

Announcement:

5 May 2022

Details about the company:

Using real-time academic insights from curriculum and instruction, Chalk enables K–12 institutions to take action.

Headquarter:

Kitchener, Ontario, Canada

Where to find them:

Industry:

Analytics, Big Data, Education, Personalization

Details about the buyer:

PowerSchool creates K–12 educational cloud-based software to support teachers and students in realizing their full potential.

Headquarter:

Folsom, California, United States

Where to find them:

Swift Labs acquired by Blackline Safety

Details about the transaction:

Acquisition amount:

$5,000,000

Announcement:

4 April 2022

Details about the company:

Product engineering design, testing, and compliance / certification services are provided by Swift Labs.

Headquarter:

Kitchener, Ontario, Canada

Where to find them:

Industry:

Wireless

Details about the buyer:

Global pioneer in linked safety technologies, Blackline Safety uses a HeSaaS (hardware-enabled software-as-a-service) business model.

Headquarter:

Calgary, Alberta, Canada

Where to find them:

Deep Trekker acquired by Halma

Details about the transaction:

Acquisition amount:

$47,573,664

Announcement:

14 April 2022

Details about the company:

Remotely driven vehicles made by Deep Trekker are lightweight, inexpensive, and simple to operate (ROVs).

Headquarter:

Kitchener, Ontario, Canada

Where to find them:

Industry:

Information Technology, Manufacturing, Robotics

Details about the buyer:

Halma is a collection of firms that develop life-saving technologies to stop accidents, save lives, and safeguard people and property.

Headquarter:

Slough, Buckinghamshire, United Kingdom

Where to find them: