Napier Park Financial Partners

Napier Park’s US$10 million investment in 7shifts

Client

Napier Park Financial Partners

Value

US$10 million

Service

Emerging and High Growth Companies

Date Closed

January 2019

Lead Office

Toronto

On January 24, 2019, 7shifts, a restaurant employee scheduling solution used by over 250,000 restaurant professionals across the world, announced the closing of a U$10 million Series A funding round.   The financing was led by Napier Park Financial Partners.

The company plans to use the funds to strengthen 7shifts’ leadership position in scheduling automation and machine-learning technology for restaurants and to accelerate growth.  

Napier Park Financial Partners is the private equity group of Napier Park Global Capital, an alternative asset management platform with approximately US$11 billion in assets under management. Napier Park focuses on investing in innovative, high growth companies.

Osler, Hoskin & Harcourt advised Napier Park with a team consisting of Chad Bayne, Gary Marshall and Horatiu Porime (Corporate).