Towers Watson

Towers Watson in its acquisition of the assets of Brovada Technologies Inc. for US$15 million

Client

Towers Watson

Value

US$15.24 million

Service

Mergers and Acquisitions

Date Closed

September 2015

Lead Office

Toronto



On September 30, 2015, Towers Watson completed its US$15.24 million acquisition of the assets of Brovada Technologies Inc. (“Brovada”).

Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management.

Based in New Brunswick, Brovada's business focuses on streamlining the communications between insurance agents and brokers, and property & casualty insurance carriers, and provides a connectivity platform easily integrated with both modern and legacy policy administration systems to allow for seamless transactions.

Osler represented Towers Watson with a team led by John Groenewegen (Corporate/M&A), that included Michael Fekete (Technology), Kelly Moffatt (Intellectual Property), Ryan Sakamoto and Rebecca Wainstein (Corporate/M&A), Colin Kelly (Employment & Labour) and Matthew Snyder (Technology).


Team
John Groenewegen - Private Equity Lawyer
Key Contact

John Groenewegen

Partner, Corporate

Michael  Fekete

Michael Fekete

Partner, Technology
National Innovation Leader

Kelly  Moffatt

Kelly Moffatt

Partner, Commercial

Matthew Snyder

Matthew Snyder

Associate, Technology