Handshake

Published: July 24th, 2015

Oakville, Ont.-based managed services provider Mico Systems is expanding its solution portfolio with the acquisition of Value Added Computers Services (VACS), a St. Catherines, Ont.-based solution provider with expertise in Voice over IP.

Terms of the acquisition were not made available.

Mico Systems President and CEO Scott Barrett said the combined company will have synergies that go beyond adding new expertise, services and team members.

“One plus one makes three with this acquisition,” he added.

According to Barrett, the acquisition of VACS is more than expanding the client base or team growth and more about making Mico Systems the most complete managed IT service provider for SMBs in Ontario.

Both companies have been in business for more than 20 years and have managed services such as remote monitoring, storage, and backup to disaster recovery, security services and cloud solutions. The main addition will be VACS’s VoIP team.

The plan going forward will see the combined entity of more than 20 workers specializing IT services listed above, but also including help desk services, hosted email, data, and virtual servers.

VACS founder Randy Biggs now becomes the COO of Mico Systems.

Mike Turczyniak, founder and CTO of Mico Systems said the acquisition will complement the company’s services from a geographic perspective.

The Mico/VACS deal is far from the only merger or acquisition made in the channel in 2015. In fact, 2015 has been an unprecedented year for mergers and acquisitions with solution providers. The biggest deal so far this year is the Scalar Decisions/Mainland Information Systems mergers, which will see the two CDN Top 100 Solution Providers create a $300 million plus company.

Just last month Winnipeg-based solution provider Powerland took a major step to achieving its goal of expanding its service coverage across the Prairie Provinces with the acquisition of FACT Computers in Saskatchewan.

WBM Office Systems, a Top 100 solution provider announced the acquisition of Agilisys, an F5 solutions and infrastructure management services provider in western Canada.

IT Weapons Inc. announced its acquisition of fellow solution provider Collins IT.The two companies, both based in Brampton, Ont.

Internet service provider TeraGo Networks Inc. purchased of Kelowna, B.C.-based cloud provider RackForce for $33 million.

Another merger happened with Insite Computer Group Inc. and Edmonton-based F12 Networks Inc.

CompuCom sold off its software licensing business to SoftwareOne.

Markham-based IT provider BDO Solutions merged with Systemgroup Inc.

And, it all got started in February when CDN Top 100 Solution Provider Quartet Service Inc. of Toronto acquired En Vogue Computers also of Toronto.