Reamined Systems Inc.

Reamined in its $45.9 million acquisition by Information Services Corporation

Client

Reamined Systems Inc.

Value

$45.9 million

Service

Mergers and Acquisitions

Date Closed

June 2022

Industry

Banking & Financial Services

Lead Office

Toronto

 

On June 1, 2022, Reamined Systems Inc, a property tax management service was acquired by Information Services Corporation for $45.9 million. Reamined will become part of ISC’s Registry Operations segment, and will exclusively provide the platform, data and guidance by which over 440 municipalities in Ontario manage property tax rates and distribution. Reamined’s offerings support critical applications of information in the province’s government ecosystem, and will continue to utilize and facilitate the determination of people’s property taxes annually.

Osler, Hoskin & Harcourt LLP advised Reamined with a team consisting of André Perey, Andrew Irwin (Emerging and High Growth Companies), Michael Sproule (Corporate), Dov Begun, Alina Tamm (Tax), Simon Hodgett, and Sam Ip (Technology).