News
Softchoice Corp. Bulks up by Acquisition
Toronto-based Softchoice Corp., a major Microsoft large account reseller, has grown even larger thanks to a recent three-month buying spree. Softchoice, a Gold Certified Partner with $511 million in revenues for the first nine months of its current fiscal year, snapped up three companies with combined total revenues of about $532 million:
| Company |
Date Acquired |
Sale Price |
Trailing 12-Month Revenues |
| Optimus Solutions LLC |
Jan. 3, 2008 |
$31.8 million |
$140 million |
| Software Plus Inc. |
Dec. 11, 2007 |
$45 million |
$192 million |
| NexInnovations Inc. |
Oct. 12, 2007 |
$10 million |
$200 million |
|
|
The acquisition streak -- which the company says is over for now --helped boost Softchoice's payroll from 500 to 800 people.