ESI Technologies

ESI Technologies in its nearly $10 million investment from Fondaction


ESI Technologies


Almost $10 million


Emerging and High Growth Companies

Date Closed

May 2018


Venture Capital

Lead Office



On June 22, 2018, ESI Technologies (ESI) announced an investment of nearly $10 million from Fondaction to support its strategic vision and business growth plan. This investment allows ESI to continue to bring more value to its clients through innovative solutions, including data creation and advanced analytics.

Fondaction is a Canadian private equity and venture capital firm that manages over $1.8 billion in retirement savings assets from more than 150,000 shareholders.

ESI is a Montreal-based company offering enterprise solutions that helps accelerate businesses by connecting the critical areas of data transformation into knowledge. ESI also has offices in Quebec City and Toronto, and aims to provide innovative and quality solutions to manage, protect and transform the data generated by its customers’ activities.

Osler, Hoskin & Harcourt LLP represented ESI with a team consisting of Shahir Guindi, Matthew Oliver and Tim Apedaile (Corporate) and Antoine Stébenne (Taxation).

Matthew Oliver

Matthew T. Oliver

Associate, Corporate

Antoine Stébenne

Antoine Stébenne

Partner, Taxation