Tequity acted as the exclusive financial advisor to Le Groupe Laurier CIM Inc. / Laurier CIM Group Inc. (known as Group Laurier), one of Canada’s largest providers of software systems and services to the wholesale distribution market in their acquisition by Infor, a leading provider of business application software.
The acquisition of Group Laurier strengthens Infor’s relationship with distribution business customers in Canada by creating a 100-percent direct relationship with them. Software, support and services are now provided directly by Infor, who can now better manage strategic customer relationships and provide more guidance, value and direct access to Infor innovation.
Based in Montreal with additional operations in Toronto, Group Laurier has provided Canadian wholesale distributors with leading distribution software technology and exceptional service for over 20 years. Additional information is available at www.grouplaurier.com.
Infor is the third largest provider of enterprise applications and services, helping 70,000 customers in 194 countries improve operations, drive growth and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites that deliver a rich user experience, and flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises or both. Additional information is available at www.infor.com.
Tequity provides M&A advisory services to Enterprise Software and Information Technology companies in the mid-market across North America and around the globe with a primary focus on strategic sales, mergers, and carve-outs. As business operations and growth specialists who have built companies, raised capital, and successfully exited, we bring real world experience to any M&A discussion.
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