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