Emerging and High Growth Companies

Clio in its record-setting US$250 million Series D equity financing from TCV and JMI

Clio
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Dov Begun

Partner, Tax, Toronto

Sam Ip

Partner, Technology, Toronto

Bryce Kustra

Partner, Real Estate, Calgary

Arlene Mack

Partner, Financial Services, Toronto

Brian Thiessen, KC

Calgary Managing Partner, Calgary

Tara Folk

Business Architecture Lawyer - Osler Works Transactional, Vancouver

Patrick J. Sullivan

Partner, Corporate, Vancouver

Manvir Rai

Lead Transaction Management Lawyer, Osler Works – Transactional, Ottawa

 

On September 4, 2019, Clio announced the closing of its US$250 million Series D equity funding round from leading growth equity funds TCV and JMI Equity. This deal is the largest venture-capital investment for a Canadian company since 2000.

Clio is a global leader in cloud-based legal technology that empowers lawyers to be both client-centered and firm focused through a suite of cloud-based solutions, including legal practice management, client intake and legal CRM software. Clio serves the needs of 150,000 customers spanning 100 countries, with over 150 integration partners, and the approval of over 66 bar associations and law societies worldwide.

Osler, Hoskin & Harcourt LLP represented Clio as counsel on the transaction with a team led by Mark Longo (Emerging and High Growth Companies) and consisting of Arlene Mack (Corporate), Patrick Sullivan (Corporate), Tara Folk (Emerging and High Growth Companies), Dov Begun (Tax), Sam IP (Technology), Jennifer Cao (Corporate), Bryce Kustra (Real Estate), Brian Thiessen (Employment), Rachel St. John (Privacy) and Manvir Rai (OslerWorks).

Value
US$250 million
Date Closed
4 September 2019
Lead Office
Vancouver
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Dov Begun

Partner, Tax, Toronto

Sam Ip

Partner, Technology, Toronto

Bryce Kustra

Partner, Real Estate, Calgary

Arlene Mack

Partner, Financial Services, Toronto

Brian Thiessen, KC

Calgary Managing Partner, Calgary

Tara Folk

Business Architecture Lawyer - Osler Works Transactional, Vancouver

Patrick J. Sullivan

Partner, Corporate, Vancouver

Manvir Rai

Lead Transaction Management Lawyer, Osler Works – Transactional, Ottawa