Vivonet completes US$8.5 million financing with Maxam Opportunities Fund
On May 17, 2010, Vivonet Inc. announced the completion of a US$8.5 million secondary and treasury financing with Vancouver-based private equity firm, Maxam Opportunities Fund LP. Vivonet is a software as a service company and the leader in secure web-based point-of-sale for the North American restaurant industry.
Fasken Martineau advised Vivonet in this transaction with a team consisting of Steve Lukas, Prentice Durbin and Caroline Clapham.