On December 31, 2024, Softchoice Corporation (TSX:SFTC) announced it would be acquired by World Wide Technology (WWT) in an all-cash deal valued at C$1.8 billion, or C$24.50 per share—a 14 percent premium to the prior day’s closing price. The transaction was unanimously approved by Softchoice’s board and supported by key shareholders, including Birch Hill Equity Partners. It closed on March 13, 2025, following shareholder and regulatory approvals.

Softchoice was advised by TD Securities and RBC Capital Markets, with legal counsel from Stikeman Elliott LLP. WWT received financial advice from BDT & MSD and BofA Securities, and legal counsel from Blake, Cassels & Graydon LLP and Bryan Cave Leighton Paisner LLP.

The acquisition expands WWT’s software, cloud, cybersecurity, and AI capabilities, while strengthening its presence across North America and globally. Softchoice will operate as “Softchoice, a World Wide Technology company,” with Andrew Caprara continuing as CEO.

WWT aims to accelerate enterprise AI adoption through its US$500 million strategic investment, leveraging its Advanced Technology Center and AI Proving Ground lab. Softchoice adds deep consulting capabilities, Microsoft partnerships, and AI-driven digital workplace expertise. The acquisition also enhances WWT’s market reach across large enterprises, public sector clients, and small and medium businesses, especially in Canada.

Both companies share a strong culture of innovation and employee-centric values, with repeated recognition as top workplaces in Canada and the U.S. Softchoice’s shares were delisted upon closing.