On January 31, 2022, Smarsh Inc., a portfolio company of K1 Investment Management LLC, acquired the Digital Safe Division of Micro Focus International PLC, a multinational software and information technology business based in England. The deal included the acquisition of data centres, hardware assets and employees located in Canada.

Cassels acted as Canadian counsel to Smarsh Inc. with a team that included Andrew M. Reback, Tera Li Parizeau, Andrew Dilts, Caitlin Russell, A. Chandimal Nicholas, Janice Yuen, Davit Akman, Michelle Roberts, Colleen Rusnov, Andrea Breden, and Haley Williams.

Travers Smith LLP advised Micro Focus with a team led by Partner and Head of Corporate Spencer Summerfield, and supported by Corporate Partner Mohammed Senouci, Senior Associate Graeme Earle and Associates Ella Sharpley and Fabian McNeilly.