Apps on Tap Inc. and Paradigm Network Solutions Inc., two IT service providers located in North York, Ontario, have been acquired by F12.net (F12). Tequity acted as the exclusive financial advisor to the companies, which are branded separately but operate as one business. Terms of the transaction were not disclosed.
The addition of Apps on Tap and Paradigm Network Solutions helps F12 establish a stronger presence in the Greater Toronto Area.
“F12 helps business leaders succeed by reducing technology distractions and bringing focus to business solutions,” remarked Alex Webb, CEO of F12. “Apps on Tap and Paradigm created an innovative platform that helps organizations rapidly migrate legacy services to cloud-based technology. We are excited to gain both Apps on Tap’s cloud services and Paradigm’s passionate team.”
Apps on Tap and Paradigm will continue to help organizations optimize the use of technology to achieve their business objectives, all while leveraging F12’s offerings, vendor partnerships and data centre capabilities. Together as one entity, Apps on Tap, Paradigm, and F12 have greater capability and a stronger national footprint.
See the full Press Release here