Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Converge Technology Solutions Corp.
  6. News
  7. Summary
    CTS   CA21250C1068

CONVERGE TECHNOLOGY SOLUTIONS CORP.

(CTS)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-09-30 pm EDT
6.570 CAD   +1.08%
09/28Converge Technology Solutions Obtains IBM zSystems, LinuxONE Certification in Canada
MT
09/28Converge Technology Solutions Announces IBM zSystems and LinuxONE Certification in Canada
AQ
09/22Toronto Stocks Slip, Cascades Falls on Paper Machine Shutdown in Oregon
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Converge Technology Solutions Corp. Places 29th on the 2022 CRN® Fast Growth 150 List

08/09/2022 | 09:01am EDT

This annual list pays tribute to Leading IT Solution Providers for Exceptional Sales Performance

TORONTO and GATINEAU, Quebec, Aug. 09, 2022 (GLOBE NEWSWIRE) -- 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 that it has earned a prestigious 29th place spot on the 2022 Fast Growth 150 list, published annually by CRN®, a brand of The Channel Company®. The CRN Fast Growth 150 list recognizes the fastest-growing North American IT solution providers and technology integrators for significant sales growth—driven by forward-thinking business strategy, strong technology know-how, and services prowess—demonstrated over the previous two years.

To maintain consistent growth within the highly competitive and rapidly evolving IT industry, solution providers need to constantly evolve to keep ahead of consistent changes within the market. CRN’s Fast Growth 150 list acknowledges companies that have crossed this lofty threshold and demonstrated an ongoing dedication toward success and innovation. This is Converge’s third time placing on the list.

“Despite the near-constant disruptions and unforeseen challenges today’s IT companies face, they must still be ready to adapt and change at a moment’s notice. With the CRN 2022 Fast Growth 150 list, we honor those IT solution providers that have managed to thrive in an industry where stability is often a luxury,” said Blaine Raddon, CEO of The Channel Company. “The companies that earned spots on this year’s list represent the very best in business acumen and strategy, inspiring fellow industry members and proving that with perseverance, meaningful growth is attainable in even the most chaotic business climates. On behalf of CRN and The Channel Company, I wish a heartfelt congratulations and continued success to all companies featured on the 2022 Fast Growth 150 list.”

“Converge is excited to rank on CRN’s Fast Growth 150 list for the third year in a row,” stated Shaun Maine, CEO of Converge. “Growth remains a core component of our company and business strategy, and we are proud to once again have that highlighted with our placement on this list as we look forward to expansion in the coming months and beyond.”

A sampling of the 2022 Fast Growth 150 list will be featured in the August issue of CRN Magazine. You can view the complete list online at www.crn.com/fastgrowth150.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

Follow The Channel Company: Twitter, LinkedIn, and Facebook.

© 2022 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelcompany.com

About Converge
Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services. Converge’s global solution approach delivers advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The Company supports these solutions with advisory, implementation, and managed services expertise across all major IT vendors in the marketplace. This multi-faceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors. For more information, visit convergetp.com.

For further information contact:
Converge Technology Solutions Corp.
Email: investors@convergetp.com
Phone: 416-360-1495


Primary Logo

Source: Converge Technology Solutions Corp.

2022 GlobeNewswire, Inc., source Press Releases - Canada

All news about CONVERGE TECHNOLOGY SOLUTIONS CORP.
09/28Converge Technology Solutions Obtains IBM zSystems, LinuxONE Certification in Canada
MT
09/28Converge Technology Solutions Announces IBM zSystems and LinuxONE Certification in Cana..
AQ
09/22Toronto Stocks Slip, Cascades Falls on Paper Machine Shutdown in Oregon
DJ
09/22Converge Technology Solutions Buying UK-based Stone Technologies Group
MT
09/22Converge Technology Solutions Corp. To Acquire Stone Group
AQ
09/22Converge Technology Solutions Corp. agreed to acquire Stone Technologies Group Limited.
CI
09/12Toronto Stocks Rise; Topaz Energy Climbs on Royalty Acquisition in Alberta
DJ
09/12Converge Technology Solutions Brief: Acquisition exp..
MT
09/12Converge Technology Solutions Brief: Says considerat..
MT
09/12Converge Technology Solutions Brief: Acquiring Newco..
MT
More news
Financials
Sales 2022 2 538 M 1 849 M 1 849 M
Net income 2022 40,6 M 29,5 M 29,5 M
Net Debt 2022 95,2 M 69,3 M 69,3 M
P/E ratio 2022 31,9x
Yield 2022 -
Capitalization 1 412 M 1 028 M 1 028 M
EV / Sales 2022 0,59x
EV / Sales 2023 0,48x
Nbr of Employees -
Free-Float 95,3%
Chart CONVERGE TECHNOLOGY SOLUTIONS CORP.
Duration : Period :
Converge Technology Solutions Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CONVERGE TECHNOLOGY SOLUTIONS CORP.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 6,57 CAD
Average target price 10,60 CAD
Spread / Average Target 61,3%
EPS Revisions
Managers and Directors
Shaun P. Maine Chief Executive Officer & Director
Greg Berard President
Richard A. Lecoutre Group Chief Financial Officer
Thomas Paul Erich Volk Chairman
Donald Lawrence Cuthbertson Chief Technology Officer & President-Canada
Sector and Competitors
1st jan.Capi. (M$)
CONVERGE TECHNOLOGY SOLUTIONS CORP.-39.56%1 028
ACCENTURE PLC-37.93%162 755
TATA CONSULTANCY SERVICES LTD.-19.63%135 101
AUTOMATIC DATA PROCESSING, INC.-8.27%93 935
INFOSYS LIMITED-25.13%72 860
SNOWFLAKE INC.-49.83%54 370