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Web Hosting Canada completes acquisition of Mustang Technologies to strengthen Canadian tech landscape

Mar 05, 2024•almost 2 years ago

Acquiring Company

DXI Capital

Acquired Company

Mustang Technologies

MontrealMontrealWeb HostingEmailInternetE CommerceWeb HostingInformation Technology

Description

Web Hosting Canada (WHC) has announced the acquisition of Mustang Technologies, a leader in web hosting, domain services, and advanced cloud solutions. This acquisition demonstrates WHC’s commitment to empowering Canadian businesses and strengthening the local tech landscape, bringing together innovative technologies to enhance comprehensive service offerings.

Company Information

Company

DXI Capital

Location

Montreal, Quebec, Canada

About

DXI Capital Corp. is a Canadian company focused on providing investment and financing services. It specializes in transaction advisory and management services. The company is publicly traded on the TSX Venture Exchange under the symbol DXI.H. DXI is engaging in a proposed acquisition to enhance its operational capabilities.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed