The Globe and Mail reports in its Tuesday edition that last month, the boards of Dentalcorp Holdings and Converge Technology Solutions threw in the towel. The Globe's Andrew Willis writes that both companies kicked off strategic reviews, which are the investment banking equivalent of sticking a "For Sale" sign in the front lawn. Both companies are far from the only fallen angels in public markets. There are scores of companies with acquisition-focused expansion plans and declining valuations. Former market darlings such as Nuvei and Lightspeed Commerce face similar challenges, and their boards may reach the same conclusions on the best paths forward. A year ago, investors were willing to put faith in management of growth plays as they searched for the next Amazon or Apple. Now, there is zero tolerance for missed financial targets or perceived performance shortfalls. Canaccord analyst Robert Young reviewed 19 deals in the IT consulting sector over the past two years and found the average price paid for a company was 11.8 times its forecast EBITDA. European companies may be bidders for domestic fallen angels to bulk up their North American IT operations. He sees private equity funds also as likely buyers.