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Home·Deals·IT consultancy and software·Canadian Business Growth Fund acquires Appficiency Group of Companies
SEO URLwww.firestrike.ai/deals/appficiency-group-of-companies-canadian-business-growth-fund-acquisition-2026
acquisitionAnnounced · Feb 11, 2026IT consultancy and softwareSource · CredibleArticle · Factual
Appficiency Group of Companies
Canadian Business Growth Fund
Appficiency Group of Companies · Canadian Business Growth Fund

Canadian Business Growth Fund acquires Appficiency Group of Companies

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$1.5M
Target
Appficiency Group of Companies
Appficiency Group of Companies
Acquirer
Canadian Business Growth Fund
Canadian Business Growth Fund
Financial Stake
Status
Announced

Canadian Business Growth Fund agreed to acquire Appficiency Group of Companies. Reported deal value: $1.5M. Status: Announced. Sector: IT consultancy and software. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.

Sign in or Register + 100% The proceeds from the investment will be used to support organic growth initiatives and strategic acquisitions made by Capficiency Appficiency is led by Johnny Than, founder and CEO, Carlos Palacio, CEO of SnapOn Software , and Michael Diep, managing director of Capficiency Canadian Business Growth Fund has made a minority equity investment in Appficiency Group of Companies , a Mississauga, Ontario -based IT consultancy and software business

Deal timeline

Announced
Feb 11, 2026 · pehub.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in IT consultancy and software with a reported deal value of $1.5M. Figures and status may change as sources update.

Sources: pehub.com · Primary article · FireStrike proprietary index