Mergers and Acquisitions

NATS (Services) Limited in its acquisition of 50% of Searidge Technologies Inc.

NATS (Services) Limited
Key Contact
John Groenewegen

Partner, Corporate, Toronto

Team
Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Dov Begun

Partner, Tax, Toronto

John Groenewegen

Partner, Corporate, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

 

On April 28, 2017, NATS (Services) Limited acquired a 50% interest in Searidge Technologies Inc. from its existing shareholders, including NAV CANADA and founders Alex Sauriol and Moodie Cheikh. With this investment, NATS has become an equal shareholder in Searidge Technologies Inc. with NAV CANADA.

Searidge Technologies Inc. is a Canadian company that makes digital camera technology that allows air traffic controllers to manage airport towers from remote locations.

NATS (Services) Limited is an air traffic management company based in the United Kingdom.

Osler, Hoskin & Harcourt LLP represented NATS (Services) Limited with a team consisting of John Groenewegen, Lauren Lefcoe (Corporate), Michelle Lally (Competition), Dov Begun (Tax) and Steven Dickie (Employment & Labour).

Value
-
Date Closed
April 28, 2017
Lead Office
Toronto
Key Contact
John Groenewegen

Partner, Corporate, Toronto

Team
Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Dov Begun

Partner, Tax, Toronto

John Groenewegen

Partner, Corporate, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto