On December 18, 2018, Equisoft, a leading global provider of digital business solutions for the insurance and wealth management sectors, announced the closing of a $12 million equity investment by Export Development Canada (EDC).
The addition of an institutional investor is a first in the company’s history and was an important decision. Equisoft seeks to expand its global platform by continuously investing in its staff, products and international acquisitions, so EDC’s international focus and network fits perfectly with its growth strategy.
EDC’s investment is important, because it will help accelerate Equisoft’s international growth strategy by financing strategic acquisitions, as well as ongoing development initiatives to allow it to better serve its global customer base.
The Fasken team advising Equisoft during this acquisition was led by Sylvie Bourdeau and included Kadiatou Sow, Frédérique Tremblay and Alain Ranger.
