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Converge Technology Solutions Reports Fourth Quarter and Fiscal Year 2020 Financial Results


Converge Technology Solutions Reports Fourth Quarter and Fiscal Year 2020 Financial Results
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Converge or the
Company ) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to provide its financial results for the three and twelve month periods ended December 31, 2020.  All figures are in CAD dollars unless otherwise stated.
Q420 & FY20 Highlights
Fourth quarter revenue increased 35% over the last year to $289.6 million and annual revenue increased 38% to $948.8 million
Fourth quarter adjusted EBITDA increased 98% over the last year to $23.4 and annual adjusted EBITDA increased 92% to $60.5 million ....

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Converge Technology Solutions Corp. Acquires Accudata Systems, Inc., a Leading Texas-based IT Solutions Provider


Converge Technology Solutions Corp. Acquires Accudata Systems, Inc., a Leading Texas-based IT Solutions Provider
Converge continues to grow its business and its foothold in Texas with its 18
th acquisition.
Converge” or “the
Company“) (TSX: CTS)  (FSE: 0ZB) (OTCQX: CTSDF) a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to announce that it has completed the acquisition of Accudata Systems, Inc., an IT consulting and integration firm with a 38 year history of providing high-impact IT infrastructure and security solutions and services. Accudata is the 18th acquisition completed by Converge.
The acquisition of Accudata adds extensive market and industry experience, deep customer relationships, and a highly-regarded organization to Converge s already substantial practice. Accudata also brings longstanding and well-maintained relationships with partners such as Microsoft and Cisco, both of whom have b ....

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