On July 5, 2021, Equisoft, a leading global digital solutions provider to the financial industry, announced the acquisition of the U.K.-based financial services firm Altus.
This acquisition expands Equisoft’s presence in the financial services market with a transaction platform for pension administrators and assets managers. This transaction added a first European location to Equisoft’s business operations. This transaction reinforced Equisoft’s position within the financial services space as a leader in digital transformation solution.
The financing of the acquisition was secured through partnerships with Export Development Canada, Fondaction and BMO Bank of Montreal.
A Fasken team composed of Sylvie Bourdeau, Jean-François Séguin, Jean-Pierre Chamberland, Felicia Yifan Jin (Corporate/Commercial) and Svetlana Samochkine (Banking) in collaboration with a team from Addleshaw Goddard LLP, advised Equisoft in connection with this acquisition.