ESC Corporate Services

ESC Corporate Services, a portfolio company of Information Services Corporation, in its acquisition of Securefact

Client

ESC Corporate Services Ltd.

Value

$6.8 million

Service

Emerging and High Growth Companies

Date Closed

February 2019

Lead Office

Toronto


On February 19, 2019, Information Services Corporation (ISC), through its wholly owned subsidiary ESC Corporate Services Ltd., acquired all of the assets used in the business of Securefact Transaction Services, Inc. for $6.8 million by way of an asset purchase agreement.

The acquisition of Securefact will strengthen ISC’s portfolio of Know Your Customer solutions and services in Canada, including individual verification, beneficial ownership solution and enhanced business verification.

ESC Corporate Services, a subsidiary of Information Services Corporation, provides online corporate public record due diligence and filing services for new business owners.

Securefact Transaction Services, based in Toronto, develops and markets customer identification, regulatory compliance, secured lending, and digital onboarding software.

Osler, Hoskin & Harcourt LLP represented ESC Corporate Services and its parent company Information Services Corporation with a team led by André Perey that included, David Jamieson and Alana McElhinney (Corporate), Shari Cohen (Employment & Labour), Daniel Tatone (Financial Services), Sydney Young and Jaymie Maddox (Intellectual Property).


Team
André Perey
Key Contact

André Perey

Partner, Emerging and High Growth Companies

David Jamieson

David Jamieson

Associate, Emerging and High Growth Companies

Alana McElhinney

Alana McElhinney

Associate, Emerging and High Growth Companies

Shari Cohen

Shari Cohen

Associate, Employment & Labour

Sydney Young

Sydney Young

Associate, Intellectual Property

Jaymie Maddox

Jaymie Maddox

Associate, Intellectual Property