Shen Capital announces director nomination and strategic review of Pivotree

Goodmans LLP is acting for Shen Capital Partners Inc., one of the largest shareholders of Pivotree Inc., in connection with a proposed director nomination and a formal strategic review to be conducted by a financial advisor to the Board of Pivotree Inc.  

Shen Capital is nominating Francis Shen to provide direct and experienced shareholder representation on the Board.

Shen Capital is a Toronto-based investment firm focused on long-term ownership of software and technology businesses.

Pivotree is a Toronto-based technology company that designs, builds, and manages frictionless commerce experiences for over 150 major retailers and branded manufacturers globally.