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MS Solutions announces the acquisition of FXTI

MS Solutions announces the acquisition of FXTI

Quebec, April 2, 2021It is with pride that MS Solutions, a leader in digital transformation in Quebec, announces the acquisition of FXTI, a large SME in IT. 

 

MS Solutions and FXTI offer digital services, including managed services and cybersecurity, in addition to being part of a small circle of Microsoft partners, implementing their cloud solutions, including Microsoft 365 and Azure products. This expertise is offered to companies located throughout Quebec and working in all sectors of the economy. The acquisition will allow MS Solutions and FXTI to broaden the presence, opportunities, skills, and agility of its footprint with its customers. This transaction is a win-win for both parties as well as their respective clients. 

 

Maxime Dion, president of MS Solutions, underlines that: “Together, we will be stronger. The expertise of MS Solutions and FXTI complement each other, which will enable to meet the growing technological needs of organizations. The MS Solutions family welcomes its new colleagues at FXTI with open arms. Our combined team has a total of 75 technology professionals, from across Quebec and Tunisia, that supports daily our clients to perform, thanks to cutting-edge technological tools. “ 

 

Félix Houde, founder of FXTI, for his part, mentions that: “Providing a one-stop-shop for IT services to our clients is a priority and joining forces with MS Solutions allows us to offer an even more complete range of technological products and services. In addition, the geographic presence and expertise of our two companies complement each other and will allow our people and our customers to grow. FXTI’s mining sector specialization can certainly help MS Solutions to grow and diversify its customer base too.” Félix Houde and his partner, Patrick Perron, will continue to work within MS Solutions in strategic roles to contribute to business continuity and the growth of the company. 

 

Valuable partners collaborated in the completion of this transaction, including BDC Capital and Desjardins Entreprises Québec-Capitale for financing, as well as Fasken for the legal aspect and Mallette for accounting. 

 

“By adapting to an ever-changing industry, MS Solutions is implementing a strategy that will solidify its service and tool offering to better meet the specific needs of its customers.” said Charles Blouin, Director, Technologies Group, Growth and Transition Capital at BDC Capital. “Our participation will allow the company to continue its growth through acquisitions and to increase its presence in the Quebec digital services market. “ 

 

For its part, Desjardins maintains how proud they are to actively contribute to the local support of MS Solutions, in line with its ambitions. 

About MS Solutions

About FXTI 

About BDC Capital

About Desjardins Entreprise

 

For more information: 

Marie-Eve Ducharme
Director, Sales, marketing client relations | MS Solutions
514-713-0885 | me.ducharme@mssolutions.ca 

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