Thinking about selling your business? F12’s Executive Vice President shares his tips from his experience selling his company to F12. By Todd Hanna, F12 Executive Vice President In 2017, F12 acquired Protocol Technologies, a 24-year-old company established around the same time as F12. Protocol was a small company in Vernon, B.C. with fewer than 30 […]
To grow the business and retain invaluable employees, selling Level4 Technologies to F12 made the most sense. In 2018, Level4 Technologies was one of Greater Vancouver’s largest managed IT service providers. The company, with 65 employees, offered small and mid-sized businesses reliable and secure computing environments. But that wasn’t always the case. In 2012, […]
F12’s like-minded approach was one of the reasons this Cambridge, Ontario-based MSP accepted an acquisition offer in 2021. In 2015, Chris Pickard, who’d been with Xylotek Solutions Inc. since 2005, and Bonnie Chan, who’d joined in a sales capacity in 2011, assumed 50/50 control of Xylotek, with the exit of the two other partners. Chan […]
In December 2021, I sold my company to F12.net. I had been building it for more than a quarter-century since I was 20 years old. The step meant giving up a brand, My Blue Umbrella, that I had developed and sweated blood to grow. It also meant surrendering the autonomy of being a founder and entrepreneur. And it was the best decision I’ve ever made.
F12.net Inc.(“F12”) is pleased to announce today the acquisition of My Blue Umbrella (MBU), a full-service IT business-transformation company in the Greater Toronto Area. The move marks F12’s eleventh acquisition and puts F12 over 250 employees nationally, with 90 in the province of Ontario. Through this acquisition, MBU complements F12’s innovative approach to digital transformation and the modern workplace.
Merging businesses can be stressful for owners, management teams, and employees. Problems with information technology (IT) on either side will only compound the workload involved in the process. Here is a closer look at what to look out for and how to avoid pitfalls.
F12.net Inc.(“F12”) announced May 1st, the acquisition of Xylotek Solutions Inc. (“Xylotek”), a leader in providing IT services to small and medium-sized enterprises (“SME”) in the southwest region of Ontario. The addition of Xylotek adds capable leadership, bench strength, and geographic reach to F12, aiding in F12’s goal to eliminate IT risk and complexity for SMEs across Canada.
EDMONTON, Jan. 28, 2019 – For Immediate Release F12.net announced Monday the acquisition of Level4 Technologies, one of Greater Vancouver’s largest managed IT service providers, to offer small and mid-sized business leaders a single proficient IT partner with reach across B.C. and Canada. Level4’s ownership, leadership, and employees are joining F12, complementing F12’s comprehensive offerings […]
F12.net (F12) announced the acquisition of Apps on Tap Inc. and Paradigm Network Solutions Inc., two IT service providers located in North York, Ontario. The addition of Apps on Tap and Paradigm Network Solutions, which are branded separately but operate as one business, helps F12 establish a stronger presence in the Greater Toronto Area. “F12 […]
EDMONTON, Alberta, Jan. 16, 2018 (GLOBE NEWSWIRE) — Today, F12.net (F12) announced the acquisition of Sitkum IT Managed Services Ltd., a Kootenay based IT service provider. The addition of Sitkum IT in the Kootenay region compliments F12’s presence in other BC regions including Protocol Technologies Inc. in Thompson Okanagan and OnDeck Systems Inc. on Vancouver Island. “F12 helps business leaders succeed […]