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Telus International completes C$1.2 billion acquisition financing of Lionbridge AI

Fasken
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Overview

Client

The Bank of Nova Scotia

On December 31, 2020, Telus International, a digital customer experience innovator that designs, builds and delivers next-generation solutions for global and disruptive brands, completed a C$1.2 billion acquisition financing to acquire Lionbridge AI, a market-leading global provider of crowd-based training data and annotation platform solutions used in the development of AI algorithms to power machine learning.

Fasken advised the senior secured lenders, agented by The Bank of Nova Scotia, providing the financing to Telus International to complete this acquisition with a team comprised of David Ferris (Lead), John Torrey (Banking and Finance) and Daniel Conrad (Banking and Finance).

Jurisdiction

  • Canada

Team

  • David H. Ferris, Partner, Toronto, ON, +1 416 865 4391, dferris@fasken.com
  • John W. Torrey, Counsel, Toronto, ON, +1 416 865 4394, jtorrey@fasken.com
  • Daniel Conrad, Partner, Toronto, ON, +1 416 868 3351, dconrad@fasken.com