The Globe and Mail reports in its Wednesday, March 13, edition that the New York private-equity firm Kohlberg Kravis Roberts & Co. has agreed to acquire MDF Commerce, a Canadian digital commerce technology vendor, causing another Canadian technology company to depart from the Toronto Stock Exchange. The Globe's Sean Silcoff writes that MDF said early Monday KKR would pay $5.80 in cash per share, 58 per cent higher than its previous closing price. The deal values MDF at $255-million. The stock jumped on the news. Similar to other technology firms, MDF's stock experienced a sharp decline after reaching its peak during the pandemic. However, the stock has been gradually recovering since then. At the same time, private capital firms are currently holding a large amount of cash and are actively seeking to purchase stable companies at more reasonable prices than those witnessed in 2020 and 2021. MDF said its board unanimously supports the deal, which came after a strategic-review process and was supported by two fairness opinions provided by Bank of Nova Scotia, which was the company's financial adviser, and Desjardins Capital Markets. The deal is also supported by its investor, Long Path Partners.