The acquisition will expand Capficiency’s portfolio of IT companies. In 2018, the firm also invested in Toronto-based IT consulting company Appficiency. The two businesses will help Capficiency enhance its “commitment to serve clients by helping them respond to complex business issues and/or evolving service needs and opportunities with innovative technology solutions,” the company said.
Established in 2005 and headquartered in Toronto, KWizCom Corporation specializes in developing productivity add-on apps for Microsoft SharePoint.Capficiency, which was founded in 2018, will continue to actively pursue and respond to merger, acquisition and alliance opportunities that bolster Appficiency's and KWizCom's capabilities, the firm announced.
Capficiency Acquires KWizCom: A Foundational Step
Michael Diep, managing partner, Capficiency
Michael Diep, managing partner, Capficiency, commented:
"The KWizCom acquisition is another foundational step in our vision of building a global end-to-end services organization to help growing companies enhance and transform their technology infrastructure to scale and thrive. We are very excited to work with the founders of KWizCom to further enhance an already successful business to expand into new technologies, industries, and geographies."