Tandem Expansion Fund acquires majority interest in Averna Technologies

On April 2, 2015, Averna announced that Tandem Expansion Fund had acquired a majority interest in the company.

Averna is a premier manufacturing solution provider for communications and electronics device-makers worldwide, helping them deliver a better end-user customer experience. Tandem Expansion Fund is a leading growth equity investor in Canadian technology businesses.

We advised Tandem Expansion Fund in this acquisition with a team led by Mireille Fontaine and that included Karen Aguilar, Catherine Rioux and Scott Loong (corporate/M&A); Marc-André Godard (tax); Paule Tardif and Ingrid Anton (financial services); and Patrick Glaude and Marie-Hélène Dorion (employment).