TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Uniserve Communications ( (TSE:USS) ) is now available.
Uniserve Communications Corporation has announced a Letter of Intent to acquire an Ontario-based Managed Service Provider (MSP), which will enhance its service offerings and strengthen its presence in eastern Canada. The acquisition is expected to bring approximately $5.5 million in sales and $1.5 million in EBITDA, supporting Uniserve’s growth in recurring revenue services and expanding its operations in Ontario. The transaction, valued at CAD $6.5 million, is subject to a definitive agreement, due diligence, and regulatory approvals.
More about Uniserve Communications
Uniserve Communications Corporation is a leading provider of IT solutions and technology services for both business and residential customers across Canada. With offices in Vancouver, Calgary, and Waterloo, the company offers a comprehensive range of services across three core verticals: Data Centre Solutions, Managed IT Services, and Business Internet. Uniserve’s data centre infrastructure is designed to ensure maximum uptime, security, and scalability, enabling businesses to thrive.
Average Trading Volume: 39,133
Technical Sentiment Signal: Hold
Current Market Cap: C$20.21M
Find detailed analytics on USS stock on TipRanks’ Stock Analysis page.