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Uniserve Communications to Acquire Ontario-Based Managed Service Provider
VANCOUVER, BC — August 19, 2025 — Leads & Copy — Uniserve Communications Corporation (TSXV: USS) has announced its intent to acquire an Ontario-based Managed Service Provider (MSP) focused on providing a full stack of services to customers. The acquisition is outlined in a Letter of Intent dated August 18, 2025.
The MSP offers secure datacenter, internet, structured cabling, and value-added reseller services. According to Kwin Grauer, Interim CEO of Uniserve, the acquisition will enhance Uniserve's service depth, strengthen its datacenter portfolio, and support recurring revenue growth. Uniserve expects the acquisition to bring approximately $5.5M in top-line sales and an expected EBITDA of $1.5M.
The purchase price is expected to be CAD $6,500,000, payable with $2,500,000 in cash, $2,000,000 in common shares issued at no less than $0.60 per share, and $2,000,000 via a 50% convertible note expiring three years from closing. The note will accrue interest at 7% per annum, paid monthly. The transaction depends on a definitive agreement within 30 days, due diligence, board approval, and TSX Venture Exchange approval.
Kwin Grauer is the Interim CEO of Uniserve, and can be reached at 604-395-3961 or corporate.relations@uniserveteam.com.