CAPFICIENCY ANNOUNCES ACQUISITION OF MICROSOFT SHAREPOINT APPLICATIONS DEVELOPER KWIZCOM CORP.
February 17, 2022
Capficiency acquires SharePoint applications developer KWizCom Corporation to add to their growing portfolio of investments in the IT industry. This follows Capficiency’s initial investment in Appficiency Inc. in 2018. Together, KWizCom will help Appficiency enhance their organization’s commitment to serve clients by helping them respond to complex business issues and/or evolving service needs and opportunities with innovative technology solutions.
“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,” said Michael Diep, Managing Partner of Capficiency. “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.”
Capficiency will continue to actively pursue and respond to merger, acquisition, and alliance opportunities that bolster Appficieny and KWizCom’s capabilities to serve their clients.
About Capficiency
Established in 2018 and headquartered in Toronto, Capficiency is an emerging private equity firm that partners with founders and management teams to fuel growth. At Capficiency we help companies navigate change, tackle challenges, and capitalize on new opportunities to build stronger, more valuable businesses. To learn more about Capficiency, please visit us at www.capficiency.com
About KWizCom Corporation
Established in 2005 and headquartered in Toronto, KWizCom Corporation specializes in developing productivity add-on Apps for Microsoft SharePoint. KWizCom has a diverse customer base with over 900 active clients globally, operating in industries ranging from government, financial services, retail, pharmaceuticals, and education. To learn more about KWizCom, please visit us at www.kwizcom.com
About Appficiency
Founded in Toronto in 2014, Appficiency is one of the leading providers of IT Consulting services focused on the leading NetSuite ERP platform in North America and around the world. Appficiency is committed to serving its clients by helping them respond to complex business issues and/or evolving service needs and opportunities with innovative technology solutions. Over the past few years, Appficiency has grown to be market makers that redefined NetSuite solutions for industries such as warehouse distribution, advertising, media, publishing and construction. In 2019, Appficiency was awarded North America Alliance Partner of the year by Oracle NetSuite. To learn more about Appficiency, please visit us at www.appficiency.com