NATS (Services) Limited

NATS (Services) Limited in its acquisition of 50% of Searidge Technologies Inc.

Client

NATS (Services) Limited

Value

-

Service

Mergers and Acquisitions

Date Closed

April 2017

Lead Office

Toronto

 

On April 28, 2017, NATS (Services) Limited acquired a 50% interest in Searidge Technologies Inc. from its existing shareholders, including NAV CANADA and founders Alex Sauriol and Moodie Cheikh. With this investment, NATS has become an equal shareholder in Searidge Technologies Inc. with NAV CANADA.

Searidge Technologies Inc. is a Canadian company that makes digital camera technology that allows air traffic controllers to manage airport towers from remote locations.

NATS (Services) Limited is an air traffic management company based in the United Kingdom.

Osler, Hoskin & Harcourt LLP represented NATS (Services) Limited with a team consisting of John Groenewegen, Lauren Lefcoe (Corporate), Michelle Lally (Competition), Dov Begun (Tax) and Steven Dickie (Employment & Labour).