Halogen Software Inc.

Halogen in its sale to Vector Capital

Client

Halogen Software Inc.

Value

$293 million

Service

Mergers and Acquisitions

Date Closed

May 2017

Lead Office

Toronto


On May 1, 2017, all of the issued and outstanding common shares of Halogen Software Inc. (“Halogen”) were acquired by Saba Software Inc. (“Saba”), Vector Capital and its affiliates (“Vector”), and Michael Slaunwhite, Halogen’s founder, executive chairman and largest shareholder. The acquisition was completed by a plan of arrangement under the Business Corporations Act (Ontario).

Vector Capital is a private equity firm focused on value-oriented investments in technology companies. The firms is headquartered in San Francisco, California.

Halogen Software is a Canadian company that provides cloud-based talent management solutions to customers with between 100 and 10,000 employees. The firm is headquartered in Ottawa, Ontario, Canada.

Osler, Hoskin & Harcourt LLP acted as counsel to Halogen with a team comprised of Ed Vandenberg, Doug Bryce and Natasha Gould (Corporate), Alain Fournier (Tax), Shuli Rodal (Competition), and Raphael Eghan (Litigation).


Team
Ed  Vandenberg
Key Contact

Ed Vandenberg

Partner, Corporate

Douglas  Bryce

Douglas Bryce

National Managing Partner

Natasha L. Gould

Natasha L. Gould

Associate, Corporate

Alain  Fournier

Alain Fournier

Partner, Taxation

Shuli Rodal - Competition Lawyer

Shuli Rodal

Partner, Competition/Antitrust & Foreign Investment