Emerging and High Growth Companies

Wealthsimple in its acquisition of SimpleTax

Wealthsimple
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Summer Danakas

Associate, Employment and Labour, Toronto

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

 

On September 24, 2019, Wealthsimple announced completion of its acquisition of Canadian tax software company, SimpleTax, which marks the financial technology company’s first move outside of saving and investing. The acquisition adds tax-filing capabilities to Wealthsimple’s portfolio, which includes an online investment platform, high interest savings account and a commission-free trading platform.

Founded in 2014, Wealthsimple is Canada’s largest and most popular digital wealth manager.

Osler, Hoskin & Harcourt LLP advised Wealthsimple with a team led by Chad Bayne, Justin Dharamdial and Jeremy Lin (Emerging and High Growth Companies) and Steven Dickie and Summer Danakas (Employment & Labour) and Dov Begun (Tax).

Value
-
Date Closed
September 24, 2019
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Summer Danakas

Associate, Employment and Labour, Toronto

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto