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Advised Clevest Solutions Inc. in its sale to Industrial and Financial Systems

Fasken
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Overview

Client

Clevest Solutions Inc.

On November 2, 2020, IFS announced it had completed the acquisition of Clevest Solutions Inc., the leading provider of mobile workforce management and advanced network deployment solutions pursuant to a statutory Plan of Arrangement under the laws of British Columbia. The acquisition grows IFS’s profile in service management solutions in an effort to focus on driving service experience. 

Clevest has a proven record in enabling energy and water utility companies to transform the way they differentiate their service, but also improve worker and community safety. The merger will allow both companies new opportunities to scale globally. 

Fasken advised Clevest Solutions Inc. on its sale to Industrial and Financial Systems with a team led by Shahrooz Nabavi and included Iain Mant, Shanlee von Vegesack (M&A), Mark Hughes (Corporate/Commercial) and Michael Coburn (Tax).  

Team

  • Shahrooz Nabavi, Partner | Co-Leader, Technology, Media and Telecommunications, Vancouver, BC, +1 604 631 4910, snabavi@fasken.com
  • Iain Mant, Partner, Vancouver, BC, +1 604 631 4734, imant@fasken.com
  • Shanlee von Vegesack, CFA, Partner, Calgary, AB, +1 604 631 4952, svegesack@fasken.com
  • Michael Coburn, Partner, Vancouver, BC, +1 604 631 4832, mcoburn@fasken.com