#Canada #Toronto #Tequity #Apogee IT #Supra ITS

Tequity Successfully Guides Apogee IT Services Through Acquisition by Supra ITS

On March 6, 2025, Tequity, a prominent merger and acquisition advisory firm in North America, reported its role as the exclusive financial advisor to Apogee IT Services for its acquisition by Supra Canada Technologies Ltd. This significant move represents the fourteenth transaction involving managed service providers (MSPs) that Tequity has facilitated in the North American market.

Tequity's Expertise in Acquisitions
Tequity’s focused expertise in assisting enterprise B2B SaaS, Cloud, and IT company transactions was crucial in identifying the right buyer for Apogee, a respected provider of managed IT services. This acquisition not only marks a pivotal shift for the clients and team members of Apogee but also strengthens the operational capabilities of both companies within the tech landscape.

Supra ITS: A Trusted Partner
Backed by Canon and boasting over 25 years of industry experience, Supra ITS is recognized for its state-of-the-art managed IT and cybersecurity services. The acquisition of Apogee enhances its presence in the North American market, enabling a more robust service delivery and an expansive range of technology offerings designed to meet evolving client demands in a dynamic tech environment.

Enhanced Capabilities Post-Acquisition
As a result of this strategic acquisition, the collaboration between Supra ITS and Apogee creates a formidable partnership, capable of providing comprehensive 24/7 integrated IT support, enhanced network operations, and proactive threat hunting. This collaboration introduces several new features for Apogee's clients, including:

• - Expanded Data Center Presence: Improving local infrastructure and services for clients.
• - Broader Expertise: Providing advanced solutions in IT security, managed services, and cloud computing.
• - Enhanced Support: Leveraging a talented workforce of over 600 professionals worldwide to meet diverse client needs.

Testimonials Highlighting Success
Paul Cronin, CEO of Apogee, expressed his satisfaction with Tequity's role in the acquisition process, stating, "Working with Wilf and the Tequity team was a great experience. Their knowledge of the MSP market was essential for us as we navigated the buyer landscape, ensuring we reached out to the right potential acquirers. I would highly recommend their services to any founder considering an M&A strategy for exit or growth purposes."

Wilf Rapp, Tequity's Managing Partner and Co-Founder, commented on the current MSP ecosystem, noting, "The MSP landscape is currently undergoing significant transformations. As a historically fragmented market primarily influenced by regional players, it’s now witnessing a trend toward consolidation with corporate acquisitions, private equity, and financial sponsors aggressively pursuing growth through such roll-up strategies. Working with Paul throughout this process was a pleasure."

Conclusion
In an era where technology continuously evolves, the collaboration between Tequity, Apogee IT Services, and Supra ITS signifies a strategically advantageous move that not only boosts the capabilities of the involved parties but also serves the growing needs of clients navigating the complexities of modern IT demands. For any inquiries regarding the acquisition or to learn more about Tequity, potential clients and interested parties can reach out to Ankita Jain, M&A Associate at Tequity Advisors, through the provided contact details.

Contact Information:
Ankita Jain
M&A Associate, Tequity Advisors
T: +1 647-870-7006
Email: [email protected]

This acquisition highlights the proactive approach that modern IT service providers must take to stay competitive and effectively serve their clientele in an ever-changing digital landscape.