Tequity, a leading North American M&A Advisory firm specializing in global Enterprise B2B SaaS, Cloud, and IT company transactions, acted as the exclusive financial advisor to Apogee IT Services, a premier provider of managed IT services and technology support, in their acquisition by Supra Canada Technologies Ltd. (Supra), marking a new chapter for clients and team members. This is Tequity’s 14th successful MSP transaction.
Backed by Canon and with over 25 years of experience, Supra is a Canadian owned and operated business that offers world-class managed IT and cybersecurity services. The collaboration strengthens Supra’s North American presence, enhances service delivery, and broadens technology offerings, all while building trusted relationships and supporting clients in today’s evolving tech landscape.
With the strategic acquisition of Apogee IT Services, Supra and Apogee are stronger together, delivering true 24x7 integrated IT support, network operations, and round-the-clock threat hunting for clients. The partnership brings a host of new and enhanced capabilities to Apogee clients, including expanded state-of-the-art Canadian Data Centre presence, broader expertise in IT security, managed services, and cloud solutions, and enhanced support through expanded resources and a 600+ global workforce.
Paul Cronin, CEO of Apogee said "Working with Wilf and the Tequity team was a great experience. Their knowledge of the MSP market was key in ensuring we were talking to the right buyers, and ultimately to find the right acquirer for Apogee. I highly recommend them to any founder thinking about M&A to exit or pursue growth."
Tequity’s Managing Partner & Co-Founder, Wilf Rapp, shared “The MSP ecosystem is in the midst of dynamic change as a fragmented market that has largely been regionally focused, it continues to consolidate with corporate buyers, and private equity and other financial sponsors, pursuing growth through acquisition and roll-up strategies. It was a pleasure to work with Paul Cronin, Apogee’s CEO, on this process.”
For more information about the acquisition or to learn more about Tequity, schedule a call with one of our partners
