Lexpert Special Editions

Lexpert Special Edition on Technology

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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www.lexpert.ca 31 sition, Delta intends to expand Trihedral's soware solution globally through the use of its existing sales and service network. Delta Electronics is a global provider of power and thermal management solutions focusing on the IT, communications, indus- trial automation, renewable energy, lighting, power tool, automotive electric vehicle and other major industries. Trihedral Engineering is a Canadian so- ware creator focusing on its VTScada soware and associated engineering services. Trihedral operates in Canada, the U.S. and the U.K. and serves customers from more than 100 coun- tries with extensive SCADA capabilities. Osler Hoskin & Harcourt LLP advised Delta Electronics with a team consisting of Mark Longo, Michael Cremers (emerging high growth companies), Shuli Rodal (com- petition/antitrust and foreign investment), Dov Begun (taxation), Sam Ip (technology), and Shaun Park (employment). Other firms involved included Stewart McKelvey. COVE HILL PARTNERS, L.P. ACQUIRES CAMPFIRE COLLECTIVE CLOSING DATE: NOV. 2, 2020 Cove Hill Partners, L.P. has acquired, through its portfolio company Kalkomey Enterprises, LLC, Campfire Collective, a leading technology platform in the outdoor recreation industry. Stikeman Elliott LLP (Montreal) acted as counsel to Cove Hill Partners, L.P., with a team led by John Leopold, and which in- cluded Kevin A. Custodio, Amelia Mounsey, Catherine Vinette (M&A), Frank Mathieu, Philippe Kattan, Vanessa Clusiau (tax), Serge Levy, Jordana Levine (banking), Nancy Ramalho, Lucy Carruthers (employment), Natasha vandenHoven, Allyson Marta (benefits), Justine Whitehead (intellectual property), Michael Laskey, Gideon Kwinter (competition), Mario Paura, Alexa Peng (real estate), David Elder, Andrea Kroetch (privacy), Shawn Smith, Sara Shayan (infor- mation technology), Tania Cellucci, Liliana Raffo, Danielle Maguire, and Tatiana Kotova and Oksana Nevedyuk (paralegals). TCV LEADS $114-MILLION INVESTMENT IN WEALTHSIMPLE CLOSING DATE: OCT. 12, 2020 TCV, one of the largest growth equity investors focused on technology, led a $114- million investment in Wealthsimple. e investment values Wealthsimple, a Canadian financial company behind Canada's leading digital investing and stock trading plat- forms, at $1.4 billion. Stikeman Elliott LLP (Toronto) acted as counsel to TCV with a team led by Evan Marcus, and which included Dan Glav- in, Curtis Lahey, James Sifakis (corporate), Ramandeep Grewal (regulatory), Frank Ma- thieu, Adam Drori (tax), Justine Whitehead, Andrea Kroetch (IP), Wesley Ng, Jennifer Byun, Sara Shayan (technology), Neil Shapiro (real estate), Khalfan Khalfan, Jackie Ferreira (employment), Allyson Marta (pensions) and Nigel Masendaand Anthony Iafrate (articling students). SALESFORCE ACQUIRES MOBIFY CLOSING DATE: OCT. 1, 2020 On Sept. 4, Salesforce announced its acquisi- tion of Mobify. e acquisition closed by plan of arrangement on Oct. 1. e acquisition provides Salesforce Commerce Cloud with Mobify's modern storefront solution that enables brands to customize their commerce experiences to deliver an enhanced experience across any channel. Mobify is a Vancouver-based tech- nology startup with a focus on modern web storefronts for headless commerce. Mobify focuses on empowering retailers to innovate their digital customer experi- ence by offloading operational risk. Its customers include Under Armor, LancĂ´me, Debenhams, Cosnova, Mackage, Syo & Kioa, Shiseido and Space NK. Salesforce.com is a cloud-based soware company focusing on customer relation- ship management with an emphasis on integrating marketing, sales, commerce and service into one platform. Osler Hoskin & Harcourt LLP advised Mobify with a team consisting of Mark Lon- go, Laura Webb, Manveer Bisla (emerging and high growth companies), Emily MacKinnon, Sergio Ortega (litigation), Michael Cremers (corporate), Sam Ip (technology), Dov Begun, Jennifer Horton (tax), Shaun Parker, Adam LaRoche (employment) and Martha Martin- dale (financial services). Stikeman Elliott LLP's legal team in- cluded John Ciardullo, J.R. Laffin, John Lee, Meghan Jones, Spencer Burger (corporate), Wesley Ng, Shawn Smith, Sally Wong, Jen- nifer Byun (tech), Justine Whitehead (IP), Lindsay Gwyer, Eryn Fanjoy (tax), David Elder (privacy), Gary Clarke, David Price, Cheryl Rea (employment), Shawn C.D. Ney- lan (regulatory and export controls), Ally- son Marta (benefits), Rachel Hutton, Alan Stachowiak (real estate), Brendan Kennedy, Mimi Pichette, Ben Buckler, Taisa Morsky and David Morson. APPNOVATION RAISES $10.5 MILLION IN SERIES B FINANCING CLOSING DATE: SEPT. 28, 2020 On Sept. 28, Appnovation announced the closing of a Series B financing, raising $10.55 million from its previous investors, the Canadian Business Growth Fund ("CBGF") and U.K.-based Business Growth Fund ("BGF"), as well as new investor Crown corporation Export Development Canada ("EDC") through

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