Banning has recently assisted Martello Technologies Group Inc. (“Martello”), a leading a provider of digital experience monitoring (DEM) solutions deployed in more than 5,000 enterprise networks around the world, on the acquisition of GSX Participations SA (“GSX”), a provider of end-user experience monitoring for Microsoft Office 365. The acquisition of GSX, recognized by Gartner as a digital experience monitoring vendor, extends Martello’s DEM capabilities into the Microsoft Office 365 market, which has approximately 200 million monthly active users. In addition, Banning assisted Martello with the closing of debt financing, provided by Vistara Capital Partners and National Bank of Canada, as with a bought deal public offering.
Banning N.V., Perley-Robertson, Hill & McDougall LLP, Barclay Damon LLP, Meyerlustenberger Lachenal AG and Lapointe Rosenstein Marchand Melançon LLP advised Martello on the transaction.
