Vigil Health Solutions Inc.

Vigil Health Solutions in its acquisition by ASSA ABLOY

Client

Vigil Health Solutions Inc.

Value

$12.55 million

Service

Mergers and Acquisitions

Date Closed

Industry

Technology

Lead Office

Vancouver

 

On January 17, 2022, Vigil Health Solutions Inc. announced its $12.55 million acquisition by ABLOY Canada Inc., a subsidiary of the ASSA ABLOY Group. This all-cash transaction, which is expected to close in March of 2022, will allow the company to continue to focus on innovation and research and development, while broadening their product line and their team with the addition of ASSA ABLOY Global Solutions, Senior Care’s technology and employees.

Vigil Health Solutions Inc. is a leader in innovative call systems and resident monitoring solutions for senior living.

ASSA ABLOY is a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation.

Osler, Hoskin & Harcourt LLP advised Vigil Health Solutions Inc. with a team consisting of Trevor Scott, Nicole Cargill, Natalie Holtby (Corporate), Alain Fournier, Sergio Ortega (Tax), Adam LaRoche (Employment and Labour, Privacy & Data Management) and Emily MacKinnon (Litigation).