McCarthy Tétrault advised Vista Equity Partners on the round.
Assent Compliance, Canada-based supply chain sustainability management, announced that it has raised US$350 million in funding led by Vista Equity Partners.
This is one of the largest raises in Canadian software company history and establishes Assent in unicorn status, valued at more than $1 billion.
The funding will enable Assent to advance its distinct industry-leading SaaS platform, particularly supporting sustainability/ESG capabilities, grow its global footprint through expansion plans in Europe, and expand its team by 40%, hiring for key roles in sales, services, engineering, customer success and marketing.
The McCarthy Tétrault team was led by Shevaun McGrath (Picture) and included Claire Gowdy, Caitlin Choi (Corporate), Kate McNeill-Keller (Employment), Kelleher Lynch (Pensions), Debbie Salzberger (Competition/ICA), Michael Scherman (Privacy), Vincent Yip (IP), and Raj Juneja (Tax).
Involved fees earner: Caitlin Choi – McCarthy Tétrault; Claire Gowdy – McCarthy Tétrault; Raj Juneja – McCarthy Tétrault; Kelleher Lynch – McCarthy Tétrault; Shevaun McGrath – McCarthy Tétrault; Kate McNeill-Keller – McCarthy Tétrault; Debbie Salzberger – McCarthy Tétrault; Michael Scherman – McCarthy Tétrault; Vincent Yip – McCarthy Tétrault;
Law Firms: McCarthy Tétrault;
Clients: Vista Equity Partners;