Motive Partners acquires InvestCloud
Goodmans LLP acted for Motive Partners and its portfolio company, Tegra 118, in connection with their acquisition of a majority stake in InvestCloud, the global leader in cloud-based financial digital solutions.
InvestCloud is a global company specializing in digital platforms that enable the development of financial solutions, pre-integrated into the Cloud. It supports over $4 trillion of assets for more than 500 direct clients – including some of the world's largest banks. The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding library of modular apps, to create powerful products.
Goodmans LLP also acted for Motive Partners and its portfolio company Investcloud in connection with their ascuisition of Advicent, the premier cash flow, trust and tax financial planning provider.
The acquisition aims to create the world's leading financial planning solution, and comes as market volatility has accelerated a focus on financial planning – a market worth $52.9 billion in the US alone, and predicted to grow 3.5 percent in 2021.
Expertise
Featured Work
-
Mergers and Acquisitions
Onex Partners and co-investors to acquire AirSprint
Goodmans LLP is acting as M&A legal counsel to Onex Partners in connection with the acquisition of AirSprint Inc. by Onex and its co-investors… -
Mergers and Acquisitions
Thoma Bravo to acquire Kneat Solutions for C$650 million
Goodmans LLP is advising Thoma Bravo, L.P., the largest software-focused investment firm in the world, in connection with its definitive agreement to acquire Kneat Solutions for C$650 million in an… -
Technology
Klass Capital leads Rightsline in US$500 million investment from Hg
Goodmans LLP acted for Klass Capital in connection with Rightsline’s US$500 million strategic growth investment from Hg… -
Mergers and Acquisitions
Originate Partners acquires Hydrastone Industrial Coatings
Goodmans LLP acted for Originate Partners in connection with its acquisition of Hydrastone Industrial Coatings Incorporated… -
Sports
GTCR-backed Ascent Sports Group acquires LiveBarn
Goodmans LLP acted as Canadian counsel to Ascent Sports Group, a company backed by GTCR LLC, in connection with its acquisition of LiveBarn, a Montreal-based provider of live and on-demand video and… -
Mergers and Acquisitions
Quipt Home Medical taken private by Kingswood and Forager for US$173 million
Goodmans LLP represented the Board of Quipt Home Medical Corp. in connection with its take-private acquisition by Kingswood Capital Management, L.P. and Forager Capital Management, LLC for…