This is technology M&A deal number 243 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
WBM Technologies, founded in 1950, is based in Saskatoon, Saskatchewan, Canada. The company has 360 employees listed on LinkedIn. WBM’s areas of expertise include Desktop Life-Cycle Management, Print Optimization, Unified Communications, Mobility Adoption and Transformation, Enterprise Storage and Networking, Aurora Managed IT Services, IT Staff Augmentation Services, and IT Procurement Services.
Carlyle Printers Service and Supplies, founded in 2006, is based in Winnipeg, Manitoba, Canada. The company has 31 employees listed on LinkedIn. Carlyle’s areas of expertise include Canon, Lexmark, Multifunction Device, Hardware Service, Hardware Repair, B2B, PaperCut, uniFlow, Therefore, Managed Print , Print Fleet Management, Document Management Solutions, Short Term Rentals, Printing as a Service, Printer & Copier Repairs, Production Printers, Wide Format, Refurbed Equipment, Technology Products, Scanners, POS Rolls, Plotter Rolls, Plotters, Paper, HP, Toner & Ink, brother, zebra products, square 9, desktop printers, printers, copiers, and WideFormat.
Expanding Presence in Manitoba
With Carlyle’s inclusion, WBM will now manage a team of 95 professionals in Manitoba. The acquisition also brings a new support service location and a 15,000-square-foot facility in Winnipeg, the company said.
This collaboration makes them one of the larger Managed Print Technology Providers in Manitoba. Furthermore, the overall WBM team now totals 601 members across Western Canada, aiming to be a notable managed IT solutions provider in the region, according to WBM.
Eric Johannson will continue leading the Carlyle team in Manitoba and will join the WBM Technologies Leadership team. Co-Founder Derek Johannson will remain with Carlyle, focusing on key customer relations.
The acquisition took effect on September 1, 2023. Carlyle will retain its name but will carry the “Powered by WBM” badge. There will be no changes to Carlyle’s existing customer services, the company said.
WBM Acquires Carlyle: Additional Insight
Brett Bailey, Vice President, WBM, commented:
“This announcement symbolizes our strategy of combining people and customers around shared goals. This acquisition in the managed print industry in Canada marks an important step for us.”
Derek Johannson, Co-Founder of Carlyle, stated:
“Local providers have often been integrated into larger corporations over the years. This partnership represents a choice for both our organizations to maintain our local presence and commitment.”