Adam Mallon, Managing Director, Edmonton
Ashwin Nath, Director, Edmonton
Published: July 27, 2022
Updated: July 27, 2022
BDO’s M&A and Capital Markets team is pleased to announce that co-founder and former CEO of GasBuddy, Jason Toews, has acquired AbaData Ltd. (“AbaData”).
BDO Canada M&A and Capital Markets team acted as an advisor to AbaData, assisting the owners of the business throughout the entire sales process.
Founded in 1992, AbaData is located in Red Deer, AB and is a web-based Geographic Information Systems developer and distributer of their mapping programs. AbaData currently provides multiple SaaS based programs including AbaData 2.0, LITEning, BADGR, and others. These applications are utilized in various industries including oil & gas, utilities, and renewables.
Congratulations to everyone involved in the transaction!
"We were all impressed by the BDO M&A team’s professionalism and efficiency. Without their connections and expertise, we never would have found the right buyers for our business. We are happy to recommend them to anyone looking at selling a business.”