News & Newsletter

June 27, 2011
Cheverny Advises Cogeco Cable On The Acquisition Of Managed Services Provider Quiettouch Inc.

Cogeco Cable Acquires Quiettouch Inc.

MONTREAL, CANADA–(Marketwire – 06/27/11) – Cogeco Cable Inc. (TSX:CCA – News) announced today it has reached a definitive agreement to acquire all of the shares of Quiettouch Inc. (“Quiettouch”), a leading independent provider of outsourced managed IT and infrastructure services to mid-market and larger enterprises in Canada.

Quiettouch offers a full suite of differentiated services that allow customers to outsource their mission-critical IT infrastructure and application requirements, including managed infrastructure and hosting, virtualization, firewall services, data backup with end-to-end monitoring and reporting, and enhanced and traditional colocation services. Quiettouch operates three data centres in Toronto and Vancouver, as well as a fibre network within key business areas of downtown Toronto.

“We’re thrilled to announce this acquisition. It is in line with our strategy of developing the business market. It also demonstrates our willingness to seize upon external growth opportunities in our Canadian footprint when they arise,” said Louis Audet, President and CEO, Cogeco Cable. “This acquisition will enable us to widen our market focus and better serve the medium and large business market. Quiettouch is very well positioned in the managed IT and infrastructure services market and provides tremendous growth potential in the foreseeable future.”

“We’re pleased with this transaction. Cogeco Cable is a well-respected and a well positioned company in the telecommunications industry,” said Dave Templeton, President, Quiettouch. “We feel strongly that this transaction will also create added value for our customers, employees and management, who will benefit from Cogeco Cable’s expertise and market knowledge.”

The transaction will close once certain arrangements and commercial approvals are obtained. Cheverny Capital was Cogeco Cable’s advisor for this proposed transaction.

ABOUT COGECO CABLE

Cogeco Cable (www.cogeco.ca) is the second largest cable operator in Ontario, Quebec and Portugal, in terms of the number of Basic Cable service customers served. Through its two-way broadband cable networks, Cogeco Cable provides its residential customers with Audio, Analogue and Digital Television, as well as HSI and Telephony services. Cogeco Cable also provides its business customers with data networking, e-business applications, video conferencing, web hosting, Ethernet, private line, VoIP, HSI, data storage and security, and co-location services and other advanced communication solutions. Cogeco Cable’s subordinate voting shares are listed on the Toronto Stock Exchange (TSX:CCA – News).

ABOUT QUIETTOUCH

Quiettouch (quiettouch.com) is a leading service provider of fully Managed and integrated information technology operations; Managed Services, Data Center Services, Network and Fiber Services, and Strategic Outsourcing that has been designed for mission critical business applications. The Company is focused on its customers’ business requirements and needs, no matter how big or small. Quiettouch’s IT expertise, combined with an in-depth knowledge of today’s business environment has placed the Company at the forefront of the technology services marketplace. Quiettouch combines its business intelligence with state-of-the-art technology and services to provide its customers with integrated, customized, single-source IT business solutions.