Xerox acquires Canadian document management company

Xerox acquires Canadian document management company

Xerox Holdings Corp. has acquired a Canadian document management provider. Financial details of the acquisition were not disclosed.

Groupe CT Inc. was founded in Laval, Quebec, and has worked in the printing technology industry for more than three decades.

“We’re continuing to grow our presence in the North America small and midsize business (SMB) market,” said Mike Feldman, president of Americas Operations and Global Document Services for Xerox. “With Groupe CT’s document management services expertise and leadership, combined with our portfolio of workplace solutions, we’re well placed to serve SMBs focused on accelerating a digital transformation roadmap.”

This is Xerox’s second acquisition targeting the Canadian SMB market in the last year. In March 2020, Xerox announced the purchase of Digitex, the largest independent services, software and technology provider in Western Canada.

“SMBs play a crucial role in Canada’s economy. We are committed to helping Canadian SMBs survive and thrive in the current climate and beyond,” said Xerox’s Canadian Operations President Martin Bachant. “They need tailored solutions and to work with local market experts such as Groupe CT and Digitex, who understand their requirements and can support their growth.”

Groupe CT President Tomy Belanger said the company’s ambition is to provide the latest innovation and technologies to help Canadian businesses work smart.

“Together with Xerox, we’re in pole position to offer secure and sustainable solutions that support a dispersed and hybrid workforce,” Belanger said.

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