Vendasta takes over CalendarHero through an acquisition deal
In a move to strengthen its digital business solutions, Vendasta, a Saskatoon-based software firm, has completed the acquisition of CalendarHero, a Toronto-based software company specialising in AI-driven meeting and appointment scheduling. The deal, announced on October 26, 2021, marks a significant milestone in Vendasta's strategic growth plan.
The acquisition will allow for full platform integration between Vendasta's CRM and CalendarHero's AI-powered scheduling platform. This integration is expected to streamline appointment setting, improve calendar management, reduce scheduling conflicts, and enhance overall client engagement by automating meeting coordination within the CRM workflow.
Hoskin & Harcourt LLP served as advisors for both CalendarHero and Vendasta in the acquisition. The CalendarHero team was advised by David Jamieson, Aliza Zigler, and Shari Cohen, who have expertise in Emerging and High Growth Companies and Employment. The Vendasta team was advised by Justin Young, Jacob Young, Kelsey Armstrong, Lindsay Hofer, and Shaun Parker, who have expertise in Corporate, Employment and Labour, and Emerging & High Growth Companies.
With over 100,000 CalendarHero users now part of the Vendasta ecosystem, these digital business solutions will be available for sale by channel partners to their small and medium clients. The combined solution is expected to offer a comprehensive CRM system aimed at helping agencies and local businesses manage sales, marketing, and customer relationships more efficiently than ever before.
However, to confirm the precise combined capabilities post-acquisition, official statements or product documentation from Vendasta or CalendarHero would be necessary. The search results provided do not cover these details in depth.
Vendasta is known for its sales and marketing platform of digital business solutions, while CalendarHero is recognised for its AI-powered meeting and appointment scheduling capabilities. The integration of these two solutions is expected to revolutionise the way businesses manage their client relationships and scheduling processes.
As we move forward, it will be interesting to see how this acquisition impacts the digital business landscape and the services provided by both Vendasta and CalendarHero. Stay tuned for more updates on this exciting development.
[1] It's worth noting that the search results do not provide information specifically about Vendasta’s acquisition of CalendarHero or the combined capabilities of Vendasta's CRM and CalendarHero’s AI-powered scheduling platform after October 26, 2021. Instead, the results focus on Vendasta's acquisition of Broadly, a customer engagement platform, in 2025.
- Following the acquisition, Vendasta's financial projections may show an increase due to the addition of CalendarHero's AI-driven technology to their business solutions portfolio.
- This strategic business move brings CalendarHero's technology into the realm of high growth companies, aligning with Vendasta's focus on digital solutions, particularly in the area of technology.
