Emerging and High Growth Companies

Affinio in its acquisition by NowVertical

Affinio
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

 

On November 1, 2021, Affinio announced its acquisition by NowVertical, a global big data software and services company, for US$7.3 million including US$6 million in cash and subordinate voting shares valued at US$1.3 million. The acquisition expands NowVertical’s position and provides the company’s platform with privacy-safe data analytics.

Affinio is a Halifax-based software firm focused on using machine learning to provide consumer data analytics.

Osler, Hoskin & Harcourt LLP are advising Affinio with a team consisting of Chad Bayne, Ryan Unruch, Justin Dharamdial, Janice To (Emerging and High Growth Companies), Dov Begun, Christopher Sheridan (Tax), Steven Dickie, Shari Cohen (Employment & Labour), Lee Webster (Intellectual Property) and Olivia Suppa (Pensions & Benefits).

Value
US$7.3 million
Date Closed
November 1, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto