Industry
Software
Company Profile
Gavel & Gown, based in Toronto, is a private developer of the leading, award winning Amicus suite of practice management software products for lawyers. Amicus products are used by more than 225,000 legal professionals around the world.
NewPoint’s Role
NewPoint was retained as the Company’s exclusive financial advisor to arrange financing to fund anticipated growth and repay certain corporate loans. NewPoint took the lead in preparing the marketing and financial materials necessary to solicit potential strategic and financial equity investors, as well as, providing financial and negotiating expertise throughout the duration of the process.
Transaction Snapshot
NewPoint was successful in securing a strategic equity investor with the proceeds of the investment being used to repay preference shares that had been issued to a start-up capital provider and to fund future growth.