Acquisition in the IT industry: FXinnovation acquires Unitech Group

“We are very pleased with this acquisition of Unitech Group, the third in five years. This marks a turning point for FXinnovation and attests to our desire to build a solid and responsible company that offers clients in a variety of fields and even more diversified range of professional services,” stated FXinnovation founder, president, and CEO Éric Desbiens.

“Unitech Group was looking for an ally, a company that shared our values and had a reputation for excellence. We found this partner in FXinnovation. We believe that this transaction is great news for our clients and for all our employees,” added Unitech Group president and co-founder Sylvain Peratsakis.

The acquisition of Unitech Group is in line with the FXinnovation development plan, which places a particular value on the quality of the services offered and its concern for respecting commitments to clients. FXinnovation now has close to 150 employees.

“In the few short years since its creation, FXinnovation has become a major player in Quebec’s information and communication technology sector. Today with this acquisition, we are strengthening our position in this competitive sector, both here and in Ontario,” added Desbiens.

About Unitech Group

Founded in 2001 as an IT consultancy group, Unitech Group has a staff of over 40. The company has built its reputation in the Quebec and Ontario markets for the quality of its approach and the efficiency of its results.

About FXinnovation

Founded in Montreal in 2002 and now with a staff close to 150 professionals with this latest acquisition, FXinnovation is a growing company working in specialized areas of management, architecture, and information and communications technology. After only five years, the company now offers services in both Quebec and Ontario.

The company offers high-level IT business consulting, service counseling and provides strategic business management tools to medium and large businesses.

FXinnovation is also the developer of Illuminate®, a technology infrastructure management solution specialized in the monitoring of business processes and critical applications. The result of years of R&D, Illuminate® has proven itself in many industries, including health care, the financial sector, and among service providers.