Ottawa-based Intega IT is eyeing local companies for potential mergers and acquisitions as it looks to grow its market share in the IT managed services sector.
The new strategy comes after the company rebranded and appointed a new chief operations officer, Brenda Robinson, in the fall.
“Managed services has replaced the traditional on-site support paradigm with the much more efficient and cost effective one-to-many support model," said Ms. Robinson in a press release.
“We now want to expand our managed services offering and we're putting together a comprehensive list of potential M&A targets who reside in the Ottawa area whom we believe could help Intega IT achieve its growth and service goals this year."
The privately-held company said it has doubled revenue and increased its customer base since the rebranding.
Intega IT said it is currently in talks with three companies and “aggressively reviewing additional opportunities.”