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).


Team
Chad Bayne

Chad Bayne

Partner, Emerging and High Growth Companies

Gary Marshall

Gary Marshall

Associate, Emerging and High Growth Companies

M. Horatiu Porime

M. Horatiu Porime

Associate, Emerging and High Growth Companies