Dentons has advised Canada-headquartered Dye & Durham, a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, on its acquisition of SAI Global’s Property Division for AUS$91 million, or approximately CA$87 million, in cash.
Having closed in January 2021, this transaction will mark Dye & Durham’s entry into the Australian market. SAI Global’s Property Division provides its large B2B customer base, which includes conveyancers, solicitors and the financial services sector, with all the necessary workflow software, systems and information products to facilitate and complete the transfer of property.
Ora Wexler, partner and co-head of Dentons’ Corporate team in Toronto who led the transaction, said, “We are privileged to advise Dye & Durham on its expansion into the Australian market, utilizing our leading global platform and cross-border M&A expertise to enable the company to further its strategy of international growth.”
Alongside Ora, the Dentons team included partners Hamish Walton and John Mollard in Australia.
See the press release here.