Wagepoint

Wagepoint in its acquisition of Timesheet Mobile

Client

Wagepoint

Value

-

Service

Emerging and High Growth Companies

Date Closed

January 2022

Industry

Technology

Lead Office

Vancouver

 

On January 12, 2022, Wagepoint announced its acquisition of Boston-based Timesheet Mobile, a leader in geofence-enabled workforce management for small businesses in over 30 countries. With this acquisition, Wagepoint plans on launching a new, upgraded product in 2022 that will offer enhanced features, more user control and increased scalability for its customers.

Wagepoint is a Canadian FinTech company that provides an online payroll software solution for businesses.   The Timesheet Mobile acquisition was made possible through strategic guidance and a growth capital investment from Wagepoint’s private equity sponsor, PSG.

Osler, Hoskin & Harcourt LLP advised Wagepoint with a team consisting of Mark Longo, Riley Graydon, (Emerging and High Growth Companies), Katherine Rusk (Technology) and Junhyung Lee (Corporate).