Portage CyberTech Inc.’s Acquisition of Notarius

BCF assisted Notarius on the transaction.

Notarius, a Quebec-based and Canadian leader and provider of solutions that safeguard the long-term reliability of electronic documents, has been acquired by Portage CyberTech Inc., a subsidiary of Converge Technology Solutions Corp. (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF), a software-enabled IT & Cloud Solutions provider.

This acquisition is a springboard for Notarius, which will benefit from Portage and Converge to solidify its partnerships and ensure growth in North America. The acquisition also provides tremendous opportunities to grow and enhance Notarius’ solution offerings to professionals and organizations wishing to digitally transform themselves and increase their productivity, while remaining compliant with laws and regulatory frameworks.

As an enabler of digital trust, Notarius offers secured digital signatures, trusted electronic signatures, and reliable signature tools throughout North America. Notarius is also the only Canadian firm that issues trusted signatures recognized by Adobe and Microsoft and certified according to eIDAS standards (electronic IDentification, Authentication, and Trust Services). Notarius collaborates with more than 50 professional associations in Canada and serves more than 4,000 companies, universities, and municipalities. The company manages more than 50,000 digital identities.

In addition to being the leader in trust ecosystems, the acquisition will allow Portage to add digital signature functionality to other offerings within its platform, as well as open the door to hundreds of potential new clients.

The BCF team consisted of Mario Charpentier (Picture), Pierre-Philippe Taché, Jean-Christophe Imbeau, Thomas Champagne, Laurence Babin and Philippe Hébert (Mergers & Acquisitions), Kevin Vincelette (Employment & Labour), Mehrez Houacine (Tax), Julie Loranger (Trusts) and Pascal Gagnon (Corporate).

Involved fees earner: Laurence Babin – BCF Avocats d’affaires; Thomas Champagne – BCF Avocats d’affaires; Mario Charpentier – BCF Avocats d’affaires; Philippe Hébert – BCF Avocats d’affaires; Mehrez Houacine – BCF Avocats d’affaires; Jean-Christophe Imbeau – BCF Avocats d’affaires; Pierre-Philippe Taché – BCF Avocats d’affaires; Kevin Vincelette – BCF Avocats d’affaires;

Law Firms: BCF Avocats d’affaires;

Clients: Notarius;

Sonia Carcano

Author: Sonia Carcano