AppDirect

San Francisco–based AppDirect has acquired Montreal’s DNE Resources, one of Canada’s largest energy brokers, as part of its continued expansion into deregulated North American energy markets. DNE manages over $250 million in annual commercial energy spending and is known for simplifying energy procurement.

The deal follows AppDirect’s acquisition of U.S.-based Broker Online Exchange (BOX), integrating both firms into a unified service platform. DNE customers will gain access to AppDirect’s BOX My Service Cloud and other value-added services. The move positions AppDirect as a one-stop hub for energy, cloud, telco, mobility, and AI procurement solutions.

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AppDirect, a leader in B2B subscription commerce, announced plans to acquire vCom Solutions, an IT lifecycle management firm. This acquisition brings vCom’s vManager® platform, which offers AI-powered IT spend management, into AppDirect’s ecosystem, expanding capabilities for advisors and their clients.

vCom’s Buyers’ Club, QuantumShift, will also join the AppDirect platform, enhancing procurement options for network, cloud, and hardware solutions. AppDirect CEO Nicolas Desmarais emphasized this move as transformative, adding depth to AppDirect’s advisor offerings and driving new revenue streams. The acquisition awaits regulatory approval and involves spinning off vCom’s direct sales team.

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AppDirect, a leader in B2B subscription commerce, has secured a $100 million investment from CDPQ. This funding enhances the AppDirect Capital Invest program, increasing total funding to $180 million. Launched in 2021 with $80 million from CDPQ, the program offers flexible capital to technology advisors for business transformation and scaling while maintaining ownership.

Emanuel Bertolin, Chief Revenue Officer at AppDirect, emphasizes the program’s role in providing quick capital access in a dynamic market. Marc Cormier, Executive Vice-President at CDPQ, commends AppDirect’s impact on business connectivity. Nicolas Desmarais, CEO of AppDirect, highlights the partnership’s commitment to advisor growth and innovation.

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