PayFacto Acquires Posera By Way Of A Plan Of Arrangement

On January 31, 2020, Posera Ltd. (Posera), a global provider of hospitality industry software, announced that it has completed the sale of all the issued and outstanding common shares of Posera to PayFacto Inc., a leading payment solution provider in North America, pursuant to a court approved plan of arrangement. Fasken advised Posera with a team led by Alex Nikolic which included Markus Liik, Jake Woloshyn (M&A and Securities), Christopher Steeves and Kathryn Walker (Tax), Sam Rickett and Zohar Levy (Litigation) and with the assistance of Sarah Chouinard (student-at-law).