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.

Goodmans is recognised for its representation of clients in the finance, technology, life sciences and healthcare sectors, advising companies on significant investments, such as strategic investments, growth equity investments and venture funding. The law firm also has notable capabilities outside of Canada, advising clients on cross-border matters often involving the United States and Europe. — Chambers Canada
"Goodmans understands the practical realities that startups face." — Chambers Global
The practice group at Goodmans LLP is routinely called upon by public and private companies, venture capital companies, institutional investors, lenders and government agencies seeking assistance with a range of advisory, transactional and contentious technology mandates. — The Legal 500 Canada
They are extremely diligent and hard-working. They offer very good customer service and solid advice. — Chambers Canada
The Goodmans team is very strong and has a deep bench that is capable of handling complex and sophisticated matters. — Chambers Canada
...a compact investment funds practice that is acknowledged for its representation of domestic and cross-border private equity and pension funds. — Chambers Canada
One client noted, "The team are highly proficient in REITs, including cross-border REITs," adding, "They are also responsive and miss nothing." — Chambers Canada
One client noted, "Goodmans are very responsive," adding "They're good at thinking through new or difficult issues." — Chambers Canada
Clients note, "They are focused on responding in a timely fashion and the advice is user-friendly." — Chambers Canada
A major player in the private equity space....The firm advises on transactions in the private equity secondary market and is recognised for its representation of funds clients in corporate restructuring and recapitalisation mandates. — Chambers Canada
Goodmans represents institutional investors and large private equity firms in cross-border deals on both the buy and sell sides, with industry expertise covering IT, energy, and real estate. — Chambers Canada
The team wins recognition for its experience in the private equity secondary market and has considerable experience in the structuring and formation of funds. — Chambers Canada

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Motive Partners acquires InvestCloud

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