Total technology industry M&A deals worth $908.1m were announced in Canada in November 2021, with Generac Holdings’ $770m acquisition of Ecobee being the sector’s biggest investment, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 86.4% over the previous month of $487.25m and a drop of 65.3% when compared with the last 12-month average of $2.62bn.

Canada held a 2.20% share of the global technology industry M&A deal value that totalled $41.28bn in November 2021.

In terms of M&A deal activity, the Canada recorded 30 deals during November 2021, marking an increase of 7.14% over the previous month and a drop of 9.09% over the 12-month average.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Canada technology industry M&A deals in November 2021: Top deals

The top five technology industry M&A deals accounted for 99.8% of the overall value during November 2021.

The combined value of the top five technology M&A deals stood at $905.91m, against the overall value of $908.1m recorded for the month.

The top five technology industry M&A deals of November 2021 tracked by GlobalData were:

1) Generac Holdings $770m acquisition deal with Ecobee

2) The $116m acquisition of MindBeacon Holdings by CloudMD Software & Services

3) Playmaker Capital $12.1m acquisition deal with The Nation Network

4) The $5.9m acquisition of First Carbon by DeepMarkit

5) CryptoStar $1.91m acquisition deal with Neuro Digital