Today in acquisitions: Givex, NextPoint Acquisition, Herjavec Group, BIM One
Over the last two weeks, four Canadian tech companies have recently made acquisitions or have been acquired: Givex, NextPoint Acquisition Corp., Herjavec Group, and BIM One. NextPoint Acquisition plans to acquire and combine two foreign FinTechsBritish Columbia-based special purpose acquisition company (SPAC) NextPoint Acquisition Corp. has announced its intention to acquire and merge two foreign FinTech startups, Liberty Tax and LoanMe, for $31.5 million CAD ($25 million USD). According to the companies, HG’s founder and CEO, Robert Herjavec will remain as a “significant stakeholder” and CEO of HG. QC-based BIM One to be acquired by NewformaNewforma, a New Hampshire-based project management software provider has reached a deal to acquire BIM One, a Lévis, Quebec-based virtual construction SaaS startup. Following the close of the transaction, BIM One will continue to function as a standalone business.