Merchant Securities Inc. is pleased to announce that Information Services Corporation (“ISC”) has successfully completed the sale of its equity stake in Dye & Durham Corporation (“D&D”) for $25 million.
Origin Merchant Securities Inc. acted as Exclusive Financial Advisor to ISC with respect to this transaction.
Information Services Corporation is the exclusive provider of Land Titles Registry, Land Surveys Directory, Personal Property Registry and Corporate Registry in Saskatchewan and provides corporate services in other regions of Canada and abroad. ISC is listed on the Toronto Stock Exchange (TSX-ISV).
Dye & Durham Corporation is Canada’s leading provider of easy-to-use legal software and technology enabled services. Founded in 1874, and employing over 200 team members in Canada and the United Kingdom, Dye & Durham is an industry leader with an existing blue chip customer base and a leading presence in the legal services market.
Origin Merchant Securities Inc. (“OMSI”) is a wholly-owned affiliate of Origin Merchant Partners. OMSI is an exempt market dealer that will agent private placements of debt and equity securities to finance the acquisition capital, growth capital or recapitalization needs of our clients. OMSI is registered as an Exempt Market Dealer with the Ontario Securities Commission