On December 16, 2021, PSG, in combination with a PSG V portfolio company, ShieldCo, announced that they acquired Traction Guest. The investment is ShieldCo’s second investment in the workplace risk management software solution space.
Traction Guest is a cloud-based visitor management and workplace security software, headquartered in Vancouver, Canada. The acquisition allows Traction to expand its services across a variety of new industries and markets.
We advised Traction Guest Inc. with a team led by Iain Mant and Grant Foster (M&A) and including Shanlee von Vegesack (M&A), Michael Coburn (Tax), Zaira Petruf (M&A, Tax), KC Miu (Banking), Sarah Batut (Real Estate), Irina Costei and Patrick Frost (Students).
Jurisdiction
- British Columbia