Toronto-based Converge Technology Solutions has extended its reach into the UK market with the purchase of UK-based Stone Technologies Group, its thirty-fifth acquisition to date.
Founded in 1991, Stone specialises in providing IT support, services and solutions to educational, public and private organisations.
Simon Harbridge, CEO of Stone Technologies, said: “Becoming part of Converge will strengthen our ability to deliver an expanded technology portfolio and support the diverse needs of our clients. Additionally, there is a great cultural fit and the team at Converge will be fully aligned with our environmental and sustainability mission."
Shaun Maine, CEO of Converge, added: "2022 has been a monumental year of growth for Converge in the European market. Along with our recent acquisitions in Germany, we are excited to leverage the knowledge and skills of Stone Group and its teams to continue enhancing our capabilities and offerings to our clients in the UK and European Union."
The transaction is anticipated to close in the fourth quarter, subject to conditions.