Parties
Company
Achieve Partners
Company
Abacus Finance Group
On October 8, 2024, Achieve Partners, a private equity firm focused on addressing talent gaps through investments in leading SaaS services businesses, announced a strategic investment in Ascend Partners, a Toronto-based provider of enterprise performance management (EPM) solutions and a OneStream Diamond Partner.
The financial terms of the investment were not disclosed.
BLG represented Achieve Partners with a team led by Neil Hazan, Tasy Bacolias and Fabio Colias that included Stephen Roumeliotis, Matteo Grandillo, Indy Anderson, Leanne Lewis, Sheena Marshall and Gloria Di Girolamo (Corporate), Howard Silverman, Christine Mason and Charlotte Chien (Financial Services), James Fu and Erin Minuk (Labour & Employment), Anthony Deluca (Real Estate), Joe Takhmizdjian and Alessandro Cotugno (Tax), Frédéric Wilson and Élisabeth Lesage-Bigras (Privacy & Regulatory), Nasra Moumin (Trade Controls & Sanctions), Gabriel St-Laurent and Karine Papillon (Intellectual Property), and Denes Rothschild (Investment Canada Act and Competition).
Goulston & Storrs, PC served as legal counsel to Abacus Finance Group, which provided senior debt financing to support the transaction.
Deal Type
Financing/InvestmentIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date