Emerging and High Growth Companies

Teal Platforms in its acquisition by Mercury Technologies

Teal Platforms
Key Contact
Justin D. Young

Partner, Emerging and High Growth Companies, Vancouver

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Ian Morrison

Associate, Emerging and High Growth Companies, Vancouver

Sylvia Rowat

Associate, Emerging and High Growth Companies, Vancouver

Madison Kerr

Associate, Emerging and High Growth Companies, Toronto

Abigail Omale

Associate, Employment and Labour, Vancouver

On September 6, 2024, Mercury Technologies, Inc. announced its acquisition of Teal Platforms, Inc. Mercury seeks to leverage Teal’s talent, technology and expertise to simplify complex financial workflows and deepen Mercury’s investments in and relationships with accountants.

Teal Platforms, Inc., based in Vancouver, Canada, is a software company providing tools and services for imbedded accounting infrastructure, to help vertical software-as-a-service (VSaaS) companies launch accounting platforms.

Mercury Technologies, Inc., based in San Francisco, California, offers business banking services for startups, integrated with its own suite of fintech offerings.

Osler, Hoskin & Harcourt LLP advised Teal Platforms with a team consisting of Justin Young, Justin Dharamdial, Ian Morrison, Sylvia Rowat, Madison Kerr (Emerging and High Growth Companies) and Abigail Omale (Employment and Labour).

Value
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Date Announced
Sep 6, 2024
Lead Office
Vancouver
Key Contact
Justin D. Young

Partner, Emerging and High Growth Companies, Vancouver

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Ian Morrison

Associate, Emerging and High Growth Companies, Vancouver

Sylvia Rowat

Associate, Emerging and High Growth Companies, Vancouver

Madison Kerr

Associate, Emerging and High Growth Companies, Toronto

Abigail Omale

Associate, Employment and Labour, Vancouver