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Pender Growth Fund and Acorn Capital Partners acquire POWR Inc., Rowanwood Professional Services, CHL Software and Assured Software Limited

Fasken
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Overview

Client

Pender Software Holdings Ltd.

Pender Growth Fund announced the closing of the purchase of all of the issued and outstanding fully-diluted shares of POWR Inc., Rowanwood Professional Services, CHL Software and Assured Software Limited for an aggregate purchase price of C$17 million, subject to standard adjustments.

Fasken advised Pender Software Holdings Ltd., a company jointly owned by Pender Growth Fund and Acorn Capital Partners with a team led by Steve Saville (corporate and securities), and included Leon Miller (corporate), Sukhvir Gill (corporate and securities), and Malgorzata Janiec (corporate).

Jurisdiction

  • Canada

Team

  • Steve Saville, Partner, Vancouver, BC, +1 604 631 3150, ssaville@fasken.com
  • Leon Miller, Partner, London, +44 (0)20 7917 8699, lmiller@fasken.com
  • Sukhvir Gill, Associate, Vancouver, BC, +1 604 631 4998, sgill@fasken.com
  • Malgorzata Janiec, Associate, London, +44 (0)07 7883 0783, mjaniec@fasken.com