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Accolite Digital Canada Inc. acquires all of the issued and outstanding shares of Xerris Inc.

Fasken
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Overview

Client

Xerris Inc.

On February 15, 2022, Accolite Digital LLC through its wholly owned subsidiary Accolite Digital Canada Inc., a leading product and digital engineering business with a strong presence in technology, media and telecom end markets, completed a share purchase and sale agreement to acquire all of the issued and outstanding shares of Xerris Inc. This strategic acquisition intends to increase the geographic scope of product engineering and digital transformation services while facilitating growth based M&A to significantly grow the geographic scope of the business.

Xerris Inc. is a technology leader specializing in digital transformation through microservice development, frontend development, cloud migration, and DevOps.

Fasken advised Xerris Inc. with a team that included Sarah Gingrich, Brendan Sawatsky, Matthew Wilkins, Amal Tharani (M&A) and Bruce Graham (Employment).

Jurisdiction

  • Alberta

Team

  • Sarah Gingrich, Partner | CO-LEADER, CAPITAL MARKETS AND MERGERS & ACQUISITIONS (CM AND M&A), Calgary, AB, +1 587 233 4103, sgingrich@fasken.com
  • Brendan Sawatsky, Partner, Calgary, AB, +1 403 261 5506, bsawatsky@fasken.com
  • Matthew Wilkins, Associate, Calgary, AB, +1 587 233 4105, mwilkins@fasken.com
  • Bruce Graham, Partner, Calgary, AB, +1 403 261 5363, brgraham@fasken.com