Savvas completes cross-border acquisition

01 March 2022

Team:

Peter Bouzalas, Marcus Hinkley, Ashley Andaya, Ian Macdonald, Elad Gafni, Paul Carenza, John Peters, Shelagh Carnegie, Kevin Sartorio, Kristen Kilroy, Parna Sabet-Stephenson, Daniel R. Hayhurst, Christopher Oates

On March 1, 2022, Savvas Learning Company announced its acquisition of Rubicon Publishing, Inc., the developer of Canada's most widely used all-digital math program.

Headquartered near Toronto, Rubicon is the provider of MathUP, an inquiry-based math program for students in grades K-8 that has become the best-selling online math product in Canada.

Savvas, headquartered in Paramus, New Jersey, is a leading provider of next-generation learning solutions across all K-12 grade levels and disciplines around the globe.

Gowling WLG was Canadian counsel to Savvas in this acquisition with a team that included Peter Bouzalas, Marcus Hinkley and Ashley Andaya (corporate/M&A); Ian Macdonald and Elad Gafni (foreign investment review); Paul Carenza (tax); John Peters (employment); Shelagh Carnegie, Kevin Sartorio and Kristen Kilroy (IP); Parna Sabet-Stephenson (technology); Daniel Hayhurst (pensions); and Christopher Oates (data protection).

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