Converge Technology Solutions Corp. To Acquire Stone Group
TORONTO and GATINEAU, QC, Sept. 22, 2022 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce it has agreed to acquire UK-based Stone Technologies Group Limited ("Stone"), a trusted provider of Circular IT solutions for education institutions, as well as public and private sector organizations in the United Kingdom. Converge's acquisition of Stone is subject to conditions, including regulatory approval under the United Kingdom National Security and Investments Act 2021, and is expected to close in the fourth quarter.